SFR Fix and Flip in Edmonds, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $535,000
Cash invested: $114,000
Sale price: $825,000

Contributors:
Garrett Quinn, Megan Halter

Gorgeous remodeled tri level in sought after Seaview community. Impressive vaulted ceilings w/ skylights and bank of windows filtering in natural light. Stunning hardwood floors, dual gas fireplace anchoring the spacious great room. Kitchen fully updated w/ new shaker cabinets, quartz counters and tiled backsplash. Formal & informal dining spaces off kitchen w/ easy access to private enclosed patio w/ wet bar. Master w/ updated ensuite 3/4 BA, 2 add'l beds and full BA up.

What made you interested in investing in this type of deal?

Fix and flip investment property for a client.

How did you find this deal and how did you negotiate it?

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Check out the Heaton Dainard team!