Updated 6 days ago on . Most recent reply
BRRRR Win in Indianapolis — $445K Buy, $600K Refi
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $445,000
Cash invested: $50,000
Buy-and-hold SFR in Indianapolis. Purchased at $445K, forced appreciation through strategic updates, and refinanced at $600K — pulling out significant equity while keeping the asset. Only $50K cash invested. The Indy market continues to reward investors who buy right and add value. Happy to connect with anyone underwriting deals in the Indianapolis metro.
What made you interested in investing in this type of deal?
The spread between purchase price and ARV in Indianapolis is still one of the best in the Midwest. Strong rent demand, appreciation trajectory, and favorable lending environment made this a clear BRRRR play.
How did you find this deal and how did you negotiate it?
Sourced it through my network as a licensed broker in Indianapolis — being on the inside of deals before they hit the market makes all the difference.
