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Updated about 6 years ago on .

User Stats

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

Fix and Flip In Lynnwood, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment in Lynnwood.

Purchase price: $419,950
Sale price: $475,000

Remodeled rambler in fantastic location. Situated on a large 10,000 sq ft lot, this home is tucked away in a quiet cul-de-sac with plenty of privacy and peaceful quiet.

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

I'm always interested in rambler layouts, people in the Seattle area love the layout, it's good for all ages. Especially the added bonus of the cul-de-sac and the large lot, it's a great starter home, or perfect for couples looking to downsize.

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

This was an off-market deal.

How did you finance this deal?

I used a hard money lender, Intrust Funding.