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Updated about 2 years ago, 10/26/2022

User Stats

415
Posts
1,893
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James Dainard
Pro Member
  • Real Estate Broker
  • Bellevue, WA
1,893
Votes |
415
Posts

SFR Fix and Flip in Seattle, WA

James Dainard
Pro Member
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $550,000
Cash invested: $114,000
Sale price: $880,000

Contributors:
Garrett Quinn, Megan Halter

An urban & contemporary beach bungalow! Located in the perfect location, this home offers chic details w/ several mod updates! The stunning chef’s kitchen is super sleek w/ clean lines, creating the perfect fusion classic + cool. Open concept, two bedrooms & one full bath. The lower level offers a second kitchen, full bath, living room & additional bedroom, making this an ideal home office or an incredible Airbnb! Fully fenced, this is a pup paradise, w/ private garden space for zen.

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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