All Forum Posts by: James Dainard

@Richard Miller I apologize for the delay, I did not see your comment.  The class is completely free, there is not a cost to attend.  Hope to see you there! 

Hey @Robert Freeborn I partner with Intrust Funding for all of my fix and flips as well as for my commercial rehabs.  It's definitely worth checking out, they'll run the numbers to see if they can lend on it.  They're on BP, but give them a call and they can chat with you about some options. 

Hey @Jonathan M Peters I run an Investor 101 class to help people get started in real estate.  I'll send you the info in a private message. It's free to attend and a great chance to meet other investors and lenders! 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $395,000
Cash invested: $13,500
Sale price: $455,000

Charming house on a corner lot in quiet suburb. Original hardwood flooring throughout and large open living spaces, with updated kitchen and appliances.

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

This house had a lot of potential, and needed some sprucing up. With the original hardwood floors it needed a little polishing, fresh paint and a few minor updates.

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

I found this deal off-market.

How did you finance this deal?

Intrust Funding was my hard money lender.

How did you add value to the deal?

A lot of cosmetic upgrades and updates to get the house looking more put together, and updated.

What was the outcome?

Really happy with the outcome, it ended up being on the market much longer than I had originally hoped. But overall, I'm very pleased with how the house turned out and it was a lucrative deal.

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

Intrust Funding and the listing agent was Megan Halter.

Come join me for night of deals and networking for my Investor 101 Class! I'll talk about some of my own fix and flips in the Seattle area and answer any of your questions.  It's a great opportunity to network with other potential investors, meet hard money lenders, and the how-to's of making it in real estate!

Hope to meet you there!

James

This event has been canceled due to weather concerns. Please stay safe everyone and I'll post the next class asap! 

@Zachary Datuin sorry about that! Try this link instead....

https://info.14508ne20thstreetbellevue.com/acton/f...

Hey BP Community! Come check out my Investor 101 Class on Monday for tips, tricks, and networking opportunities to get started in Real Estate investing! The class is a great chance to ask questions, learn from real examples, and meet other investors.  

Save your seat today by signing up at our Investor 101 link, and a member of our team will reach out to you and answer any questions! 

Hope to see you there!

James

Welcome to the BP community @Matt Garcia! I'm an investor in the Puget Sound Region, I've done many multi-family rentals, fix and flips, etc.  I teach an Investor 101 class twice per month that you might be interested in.  It's a good way to learn some of the basics, network with other potential investors, and ask lots of questions! 

@Kenny C. Hey Kenny! Welcome to the PNW! Right now is a great time to get into real estate in this area.  I teach an Investor 101 class to help new investors in the area.  If you're interested, you can find it in the events, I'll also send you a private message with more info!