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Updated over 2 years ago on . Most recent reply

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415
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James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
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SFR Fix and Flip in Lakewood, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $225,000
Cash invested: $43,200
Sale price: $368,000

Contributors:
Dominic Turco, Jennifer Haffner

Beautifully remodeled rambler. Stunning open concept kitchen with peninsula, new cabinets, quartz counters, stainless appliances & new bathrooms. Large master suite with spacious master bath. Gorgeous refinished hardwood floors in large living room with lots of light. Level lot that can be fully fenced (with gate). Great location steps from the swimming beach at Harry Todd Park. Minutes to freeway access, amenities and JBLM/Camp Murry. Come see it today!

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!

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