This SFR is 1,596 sqft and features 3bd/2bth. It is located in a trendier part of Indianapolis that is popular amongst working professionals and Airbnb hosts. I’d qualify the area as a “B-class” area due to gentrification. The property was appraised for 350k but needed 15k in foundation work the previous owner couldn’t afford to complete.
Our scope of work is limited EXCLUSIVELY to foundation repairs.
The ARV we’re anticipating is a bit higher than the median price in Indianapolis however the flipper that started the project picked excellent finishes, had great attention to detail, and invested over $100,000 to get the home to where it already is. We anticipate an extremely fast turnaround as we have bids in hand and work scheduled!
This deal has already been funded by one of our lenders. If you’re interested in investing with us just tap the button below to flick me an email.