How Buying at the Right Price Saved This Flip From a Loss (Federal Way Part 3)

I underwrote this Federal Way condo to make $35–40K.

We sold it for less in a soft Seattle market and walked away with about $9K profit.

This is Part 3. Full numbers, what we paid, what we put into it, and why buying it at $150K is the only reason this didn’t turn into a loss.

If you think a property is worth X, run the numbers as if it sells for $25–50K less. That’s how I’m underwriting right now.

Have a deal? Reach out!

Email: greg@velocityhousebuyers.com

Instagram: @grego_37

The skinny

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