SFR Fix and Flip in Federal Way, WA

SFR Fix and Flip in Federal Way, WA

James DainardPro Member
Real Estate Broker · Bellevue, WA · Member since 2015 · 415 posts · 1k+ votes

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $324,848
Cash invested: $90,000
Sale price: $596,000

Contributors:
John Whitney, Katie Kepler

This Federal Way home comes with thoughtfully executed designs and finishes throughout. The kitchen features shaker cabinets, quartz counters, tile backsplash & stainless steel appliances- including electric range. The primary has a full ensuite bathroom. Laundry room is conveniently near the garage. Energy efficient gas furnace & NEW comp roof, vinyl windows & hot water tank. The fully fenced yard with a shed has plenty of room for gardening and a nice patio.

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!

13Reply
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Most Popular Reply

Real Estate Agent · Bellevue · Member since 2022 · 35 posts · 156 votes
4y
  • I'm so glad this one turned out so well for our client!
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  • Member since 2022 · 20 posts · 75 votes
    4y
    • I remember comping this house!
  • Real Estate Agent · Bellevue · Member since 2022 · 35 posts · 156 votes
    4y
    • I'm so glad this one turned out so well for our client!
  • Lender · Member since 2018 · 617 posts · 275 votes
    4y

    Another solid deal!

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