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Updated over 9 years ago on .
Easy Condo Flip in the Seattle Area ($90k --> $126k)
I was the broker for both the acquisition (as selling agent) and disposition (as listing agent) for this transaction.
Bought for $90,000 in October of this year.
Bought a new fridge, new vent hood, installed new carpet, and took care of some small repairs.
HOA, property tax and holding costs were under $350 a month.
Listed the property on the MLS and sold it for $126,000, closed in early March.
Most likely could have reduced the holding period if we started off by listing the property at a lower price sooner.