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Updated almost 3 years ago on . Most recent reply

User Stats

415
Posts
1,894
Votes
James Dainard
  • Real Estate Broker
  • Bellevue, WA
1,894
Votes |
415
Posts

SFR Fix and Flip in Shoreline, WA

James Dainard
  • Real Estate Broker
  • Bellevue, WA
Posted

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $670,000
Cash invested: $54,000
Sale price: $820,000

Contributors:
Vlad Tselnik, Megan Halter

Welcome to this Shoreline beauty located just steps away from Hamlin Park! Open and airy living with natural light sweeping throughout this updated charmer. Brand new kitchen includes shaker cabinets, marbled quartz counters, and stainless steel appliances. Access to the large deck for dining for the perfect summer BBQ's. Two generous bedrooms upstairs plus a full bath. Lower level has a great layout with two private bedrooms, spacious bonus room, wet bar, and full bath with separate entry.

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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