Quick Flip on Raible Ave: No Rehab, Just Profit in Anderson, Indiana!

[Julie Muse]

Investment Info:

Single-family residence wholesale investment.

Purchase price: $42,500
Sale price: $52,000

Contributors:
Peter Vekselman

Partner Driven and partners Chad Wolfe and Jerry Scott picked up this Anderson, Indiana property for $42,500 and flipped it the same day with no rehab for $52,000. With no renovation needed, this deal was all about smart acquisition, great timing, and a quick close for solid profit.

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

This property had strong resale potential right from the start. With a low entry price and high demand in the area, it presented a clear opportunity for a quick and profitable turnaround without any improvements needed.

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

Our partners, Chad Wolfe and Jerry Scott, identified this off-market gem and moved quickly. They negotiated with confidence, securing the deal below market value, allowing for immediate resale with built-in equity from the start.

How did you finance this deal?

Partner Driven covered the entire $42,500 purchase, so Chad and Jerry could move forward without hesitation. With no money out of their pockets, they could stay focused on strategy, speed, and lining up a ready buyer.

How did you add value to the deal?

Instead of physical repairs, the value came through market knowledge, swift execution, and partnership strength. Recognizing when a property is ready for resale as-is is a skill, and that’s what made this one a success.

What was the outcome?

We purchased the property for $42,500 and sold it that same day for $52,000. Without putting any money into renovations, this deal delivered a quick return and proved that speed and timing are just as valuable as updates.

Lessons learned? Challenges?

This deal showed the power of local expertise and fast action. Not every win comes from renovations—sometimes the best profit comes from knowing your market and jumping on opportunity before anyone else can.