Flipping houses in Indianapolis presents an attractive and profitable real estate investment opportunity for experienced real estate investors. House flippers in Indianapolis may take inspiration from this recently completed fix-and-flip project from one of Upright's experienced borrowers.
The property has undergone a glorious rehab, and the house flipper was determined to make it a beautiful home for the next owner. Upright assisted the home-flipping team in modernizing this Indianapolis investment property by providing them with a short-term fix-and-flip bridge loan.
Check out the video below to see how this Indiana home was transformed. The home flipper did a spectacular job of setting an example of how to flip houses in Indianapolis, Indiana.
This real estate investor saw a lucrative opportunity to rehab this 1928 original and turn a profit through financing with a fix-and-flip loan. After successfully completing the fixer-upper project, the house flipper listed this property for nearly double the purchase price. This flipped home features 912 square feet of housing, 5 total rooms, 2 bedrooms, 2 full bathrooms, a fireplace, brand new appliances, and a detached garage.
3 Stats You Need To Know for Flipping Houses in Indianapolis, IN
Flipping houses in Indianapolis, Indiana can be a financially rewarding opportunity to knowledgeable real estate investors. If you plan to flip houses in Indianapolis in the near future, check out these important stats to get you started:
- According to Redfin, the median sale price for houses in Indianapolis is around $185,000.
- There have been over 1,500 homes sold in this city over the last year.
- As of 2019, the median household income in Indianapolis is $62,502.
Are You Ready to Start Flipping Homes in Indianapolis?
Do you have an investment property ready for a transformation like this one? Apply in under two minutes to get fast funding for your next real estate deal. Check out our Hard Money Lender team in Georgia or Click below to get started:
Looking for an alternative to stocks? Real estate investing can earn up to 9% annual returns on pre-vetted, low LTV, real estate-secured loans. Upright offers industry-leading visibility into each project, enabling investors to be highly selective in the loans they choose to fund. Click below to make an investment today!
