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Updated over 2 years ago on . Most recent reply

User Stats

415
Posts
1,894
Votes
James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts

SFR Fix and Flip in Federal Way, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $305,000
Cash invested: $102,000
Sale price: $580,000

Contributors:
John Whitney, Megan Halter

Impressive remodel on quiet cul de sac ready to call home! Vaulted ceilings, skylights, and bay windows letting in tons of natural light. Gorgeous kitchen with all new shaker cabinets, quartz counters, and SS appliances. Formal and informal living and dining giving flexibility for any occasion. Spacious bedroom or office on the lower, powder bath for your guests and access to the back patio - level and fully fenced yard. Upper with stunning master including walk-in closet and five piece bath.

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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