Fix and Flip in NE Seattle's View Ridge neighborhood

[Adrian Chu]

Investment Info:

Single-family residence fix & flip investment.

Sale price: $1,970,000

Ginormous fully remodeled in desirable View Ridge. 5,070 SF home situated on a spacious 6,930 SF lot with city views, stately curb appeal, and a spacious patio and fully fenced backyard. 6 bedrooms / 4.25 bathrooms.

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

I love doing deals in Seattle, especially in NE Seattle

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

MLS

How did you finance this deal?

Hard money

How did you add value to the deal?

The previous owner started a remodel project, we finished it and added our own finishing touches given the existing constraints

What was the outcome?

We sold the home

Lessons learned? Challenges?

Re-designing the home based on conditions that are already in-place

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

Specialty Real Estate Group