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Updated over 5 years ago on . Most recent reply

Bret Winegar's profile image
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Bret Winegar
  • Rental Property Investor
  • from Utah Boise, Indiana
  • Member since Feb 12, 2019
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Bret Winegar's profile image
Bret Winegar's profile image
Bret Winegar
  • Rental Property Investor
  • from Utah Boise, Indiana
  • Member since Feb 12, 2019
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Bret Winegar
  • Rental Property Investor
  • Utah Boise, IN
29
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21
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Indianapolis Real Estate Forum

Thoughts on BRRRR in littleflower area?

Bret Winegar
  • Rental Property Investor
  • Utah Boise, IN
Posted

Hi everyone, 

This is my first post on BP. I'm looking to BRRRR a property in Indy and 2BR have a house under contract just north of the littleflower neighborhood. Does anyone have experince in this area? It seems to be a C to C- neighborhood which has me nervous. I'm also a little nervous with how the appraisal will come in after rehab. The comps i've seen range from 50k to 120k.

Anyway, any advice or recommendations will be welcome.  

Indianapolis, Indiana
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Jaron Walling's profile image
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Jaron Walling
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jun 20, 2018
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Jaron Walling
  • Rental Property Investor
  • from Indianapolis, IN
  • Member since Jun 20, 2018
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

Be very cautious of purchasing in this area. It's nothing like Little Flower. Drive the streets and find out for yourself if you don't agree. I have property in the Community Heights/Irvington neighborhood. 

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