Single-family residence fix & flip investment in Indianapolis.
Purchase price: $125,000
Cash invested: $120,000
Sale price: $320,999
We took an outdated old 1900 home in the Bates Hendricks neighborhod and reconfigured the layout and made a nice large 3 bedrooms, 2 large bathrooms including 1 ensuite and opened up the living room/kitchen for a nice open concept. We added a large platform deck off the back of the home, light landscaping for curb appeael and fenced in back yard for privacy. Home has many high end touches throughout with complete design by us.
How did you find this deal and how did you negotiate it?
This deal was on the MLS but we usually source our own deals off market
How did you finance this deal?
We used a mix of hard money and cash on this one
How did you add value to the deal?
Converting the home and making it more open of an open floor plan keeping in mind what my buyers are looking for with the finishes and outdoor spaces.
What was the outcome?
Congrats on a successful fix and flip Roger!
@Roger Hall Congrats Roger! Appreciate all of the insight on your learnings and how the deal went! I like how you added value to the home and to the Bates Hendrick neighborhood!
@Roger Hall congratulations on your success!
Crushing it! Love to see that!
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you