Updated over 5 years ago on . Most recent reply
Latest Flip project in Indianapolis
Investment Info:
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We took an outdated old 1900 home in the Bates Hendricks neighborhod and reconfigured the layout and made a nice large 3 bedrooms, 2 large bathrooms including 1 ensuite and opened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?
Beautiful project!