Suburb Seattle fix and flip

[Lyn N.]

Investment Info:

Single-family residence fix & flip investment in Seattle.

Purchase price: $241,000
Cash invested: $57,000
Sale price: $357,000

Single family residence fix and flip in suburb Seattle. Did a cosmetic rehab and added a new roof. Big selling points were the open layout, bonus office/den, detached garage and detached shop/shed.

How did you finance this deal?

Hard money lender

What was the outcome?

Listed for $339,000 and received multiple offers over listing price within 48 hours.

Lessons learned? Challenges?

Scheduling exterior paint and work around the Seattle winter, which included lots of rain and a week of snow

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

Heaton Dainard agents and
Intrust Funding