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Updated over 2 years ago on . Most recent reply

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415
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James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
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SFR Fix and Flip in Gig Harbor, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $500,000
Cash invested: $136,800
Sale price: $835,000

Contributors:
Dominic Turco, Jennifer Haffner

Beautifully remodeled home in the desirable Kopachuck neighborhood. Check out this fully updated, open concept 4 bedroom, 3 bath home with a shop. New SS appliances, new cabinets, quartz countertops, new flooring, paint, new bathrooms, new garage doors, floors, millwork, the list is endless. Giant shop features 3 garage doors & very high ceiling, large enough to park RV inside. Two primary suites, one on each level, perfect for multi-generational living.

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

Fix and flip investment property for a client.

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

On the MLS.

How did you finance this deal?

Hard money with Intrust Funding.

How did you add value to the deal?

Fix and flip renovations.

What was the outcome?

Sold the property.

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

Check out the Heaton Dainard team!

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