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Flip #2 Shelton, Wa

Project type

Fix and Flip

Date

Feb-Feb

Location

Shelton, Wa

Shelton, WA Property Appreciation Flip:

This property in Shelton, Washington, was a prime example of a successful appreciation flip, despite a few hurdles along the way. While my wife insists I did extensive work on the property (and yes, we did put in some sweat equity!), for me, the real value came from some strategic landscaping and a fresh coat of paint on the interior—simple updates that made a big impact.

While the project seemed straightforward, we ran into a major hurdle with an undisclosed material fact about the property. Thankfully, through diligent negotiation and clear communication, we managed to resolve the issue without needing to go to court. This experience taught me a lot about the importance of due diligence and how to navigate unexpected challenges in real estate deals.

In the end, we were able to work the situation out of the total loan, which ultimately helped us maximize the return on the property. Despite the bumps along the way, this flip turned out to be a great example of how appreciation, combined with small but impactful improvements, can lead to success in real estate.

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