SFR Fix and Flip in Lynwood, WA

[James Dainard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $665,000
Cash invested: $60,000
Sale price: $910,000

Contributors:
Garrett Quinn, Victoria Loder

This move-in ready remodeled rambler is in a private cul-de-sac for Alderwood living. The front entry porch is covered and welcomes you into the foyer. Featuring large footprint with sunken living room and vaulted ceiling, large windows and skylight for natural light, formal dining room, open floor kitchen with sitting and adjacent family room with brick wood fireplace. The new kitchen includes shaker cabinets, quartz counters, tile backsplash, and all stainless appliances.

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!

[Garrett Quinn]

• This was a good deal, hope we get another one like it!