SFR Fix and Flip in Lakewood, WA

SFR Fix and Flip in Lakewood, 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: $235,000
Cash invested: $72,000
Sale price: $430,000

Contributors:
Dominic Turco, Victoria Loder

Quality remodel in Lake City neighborhood of Lakewood. All permitted remodel! Open floor plan awaits you here at this gorgeous home. All hardwood floors, newly tiled kitchen with abundance of natural light with several skylights, wood cabinets and stone countertops with new backsplash. Wood burning firewood in living. Step into your covered patio through French doors to enjoy the large level back yard, perfect for an all year round entertaining.

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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  • Real Estate Agent · Member since 2022 · 34 posts · 173 votes
    3y
    • This one turned out really good!
  • Member since 2022 · 14 posts · 40 votes
    3y
    • I love how this house turned out!
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