Updated over 3 years ago on . Most recent reply
SFR Fix and Flip in Redmond, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $800,000
Cash invested: $108,000
Sale price: $1,500,000
Contributors:
Vlad Tselnik,
Megan Halter
This home is impeccably remodeled located in ideal Redmond! Step into the inviting and airy entry with vaulted ceilings into the living & dining room with cozy fireplace which opens to the expansive deck perfect for summer BBQs. The stunning kitchen is sun soaked and finished with sophisticated touches. The primary includes ensuite 3/4 bath. There are 2 additional bedrooms, and a full bath upstairs. Lower level has private 2nd primary with tall ceilings & 3/4 ensuite.
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!
