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: $240,000
Cash invested: $66,000
Sale price: $399,000

Contributors:
Dominic Turco, Jennifer Haffner

Beautifully remodeled mcm rambler. EVERYTHING IS NEW! Stunning open concept kitchen incl new cabinets, quartz countertops, stainless appliances, the list goes on. Huge master suite with walk in closet and spacious master bath. Hardwood floors in the large living room with a wood burning fireplace and lots of light. Level lot with shed and RV or boat parking. Great location in a quiet neighborhood close to I-5, shopping, JBLM & Wards Lake. Come see it today!

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!

0Reply
32 views

2 Replies

Jump to latestLatest
  • Insurance Agent · WA · Member since 2022 · 11 posts · 53 votes
    3y
    • Thanks for posting!
  • Member since 2022 · 14 posts · 40 votes
    3y
    • Thanks for helping out on this one James!
Join the conversationCreate a free account to reply, vote on answers and follow this thread.