Indianapolis Remodel for Investor

[Jacob Messer]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $162,500
Cash invested: $110,000
Sale price: $368,500

This was a rather ambitious project.
This single family home located in southern Indianapolis saw an unbelievable amount of changes.

The floor plan was completely redone and the house was gutted to its bones. We ran all new electrical, new plumbing, and new HVAC. All new windows, all new siding, new flooring.. basically everything in the house is new.

A smashing success for everyone involved!

What made you interested in investing in this type of deal?

Taking on such a big flip was great experience for me as a contractor.

How did you find this deal and how did you negotiate it?

The investor came to us and that was that.

How did you finance this deal?

Outside investor

How did you add value to the deal?

Was GC

What was the outcome?

Great success, lots of profit.

Lessons learned? Challenges?

The government and permit office is a big great machine and sometimes you just have to accept you are at the mercy of it.