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| Displaying 1 - 30 of 33 Deals | 1 2 Next >>> |
5/7/2012 - Why Selling: Have outgrown space,need something bigge... |
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Status: | Available | Estimated After Repair Value: | $60,000  |
Click to View Details 
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| Lead Type: | Motivated Seller  |
minus Seller's Asking Price: | $50,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $5,000 |
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| Location: | Indianapolis, IN 46226 | equals Profit Potential of: |
$5,000
Short Sale Opportunity
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5/6/2012 - Why Selling: location |
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Status: | Available | Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $20,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Spiceland, IN 47385 | equals Profit Potential of: |
$30,000
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5/2/2012 - Why Selling: upgrading houses |
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Status: | Available | Estimated After Repair Value: | $65,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $35,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $3,000 |
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| Location: | Indianapolis, IN 46240 | equals Profit Potential of: |
$27,000
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5/1/2012 - Why Selling: inherited |
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Status: | Available | Estimated After Repair Value: | $62,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $46,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indianapolis, IN 46203 | equals Profit Potential of: |
$16,000
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4/20/2012 - Must Sell In 14 Days |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $170,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $75,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $30,000 |
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| Location: | Scipio, IN 47273 | equals Profit Potential of: |
$65,000
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4/17/2012 - Why Selling: to buy new home in Jasonville |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $60,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $40,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Indianapolis, IN 46222 | equals Profit Potential of: |
$10,000
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4/10/2012 - Cute Rehabbed Move In Ready |
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Status: | Available | Estimated After Repair Value: | $56,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $39,500
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $1,500 |
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| Location: | Indianapolis, IN 46218 | equals Profit Potential of: |
$15,000
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3/29/2012 - 5 Properties Package |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $283,900 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $165,500
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| Property Type: | Multi-Family | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Indianapolis, IN 46201 | equals Profit Potential of: |
$108,400
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3/20/2012 - 6 unit apt $21k |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $90,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $21,000
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| Property Type: | Multi-Family | minus Estimated Cost of Repairs: | $35,000 |
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| Location: | Indianapolis, IN 46205 | equals Profit Potential of: |
$34,000
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3/20/2012 - 20 unit apt indianapolis |
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Status: | Available | Estimated After Repair Value: | $400,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $83,000
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| Property Type: | Commercial Property | minus Estimated Cost of Repairs: | $150,000 |
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| Location: | Indianapolis, IN 46205 | equals Profit Potential of: |
$167,000
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3/20/2012 - 17 unit apts Indianapolis |
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Status: | Available | Estimated After Repair Value: | $290,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $73,000
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| Property Type: | Commercial Property | minus Estimated Cost of Repairs: | $100,000 |
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| Location: | Indianapolis, IN 46205 | equals Profit Potential of: |
$117,000
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3/20/2012 - 3b/1b fire damage home |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $45,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $6,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $12,000 |
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| Location: | Indianapolis, IN 46208 | equals Profit Potential of: |
$27,000
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3/20/2012 - Quadplex fixer upper $58k |
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Status: | Available | Estimated After Repair Value: | $120,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $58,000
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| Property Type: | 4-Plex | minus Estimated Cost of Repairs: | $18,000 |
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| Location: | Indianapolis, IN 46226 | equals Profit Potential of: |
$44,000
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3/20/2012 - Cheap 4b/2b home Indianapolis |
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Status: | Available | Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $11,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $8,000 |
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| Location: | Indianapolis, IN 46208 | equals Profit Potential of: |
$31,000
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3/20/2012 - 6b/2b duplex fixer $12k |
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Status: | Available | Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $12,000
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| Property Type: | Duplex | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Indianapolis, IN 46201 | equals Profit Potential of: |
$28,000
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3/19/2012 - 3b/1.5b fixer upp Indianapolis |
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Status: | Available | Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $13,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $6,000 |
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| Location: | Indianapolis, IN 46218 | equals Profit Potential of: |
$31,000
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3/19/2012 - Turn Key Home 3b/1b West Indy |
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Status: | Available | Estimated After Repair Value: | $65,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $35,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indianapolis, IN 46202 | equals Profit Potential of: |
$30,000
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2/27/2012 - Handyman Special Price Reduced |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $56,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $15,600
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $17,000 |
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| Location: | Indianapolis, IN 46218 | equals Profit Potential of: |
$23,400
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2/20/2012 - Why Selling: moving |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $47,500
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Edinburgh, IN 46124 | equals Profit Potential of: |
-$7,500
Short Sale Opportunity
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2/17/2012 - Why Selling: Lost job opportunites. |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $85,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $80,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $3,000 |
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| Location: | Indianapolis, IN 46214 | equals Profit Potential of: |
$2,000
Short Sale Opportunity
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2/16/2012 - Why Selling: moving |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $65,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $40,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indanapolis, IN 46219 | equals Profit Potential of: |
$25,000
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2/8/2012 - Why Selling: Need more space |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $169,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $151,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $200 |
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| Location: | Scipio, IN 47273 | equals Profit Potential of: |
$17,800
Short Sale Opportunity
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2/7/2012 - Why Selling: have work in another state |
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Status: | Available | Estimated After Repair Value: | $29,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $18,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $1,000 |
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| Location: | Indianapolis, IN 46219 | equals Profit Potential of: |
$10,000
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2/7/2012 - Why Selling: need money |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $42,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $10,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $6,000 |
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| Location: | Indianapolis, IN 46208 | equals Profit Potential of: |
$26,000
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1/28/2012 - Why Selling: investing |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $60,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $45,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $1,000 |
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| Location: | Indianapolis, IN 46235 | equals Profit Potential of: |
$14,000
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1/25/2012 - Why Selling: need cash fast |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $77,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $40,000
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| Property Type: | Commercial Property | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indianapolis, IN 46221 | equals Profit Potential of: |
$37,000
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1/19/2012 - Why Selling: Tired landlord-need to raise cash |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $50,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $35,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indianapolis, IN 46203 | equals Profit Potential of: |
$15,000
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1/18/2012 - Why Selling: Mother in nursing home |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $48,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $30,000
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| Property Type: | Duplex | minus Estimated Cost of Repairs: | $5,000 |
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| Location: | Indianapolis, IN 46218 | equals Profit Potential of: |
$13,000
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1/13/2012 - Why Selling: dont want the house anymore |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $45,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $25,000
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| Property Type: | Duplex | minus Estimated Cost of Repairs: | $0 |
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| Location: | Indianapolis, IN 46218 | equals Profit Potential of: |
$20,000
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12/31/2011 - Why Selling: relocation |
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Status: | Sold or NLA They go fast! |
Estimated After Repair Value: | $319,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $288,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Westfield, IN 46074 | equals Profit Potential of: |
$31,000
Short Sale Opportunity
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For years Indianapolis investors made an easy living off of buying and selling foreclosures. If you had even the faintest pulse a few years ago, you could make good money on foreclosures alone. But now, due to over shopping and a lot of competition from the bottom-fishers, profits on standard foreclosures are extremely hard to come by.
Today the hottest Indianapolis investment properties that have still managed to stay under the radar are wholesale properties and pre foreclosures. The reason they remain under the radar and out of reach of most novice investors, is that they are not widely advertised in newspapers or on public websites. You can typically only find them through word of mouth or on exclusive sites like MyHouseDeals.com.
Wholesale properties are homes being sold by other investors in order to free up some cash quickly. Maybe they don't have the time or manpower to fully renovate the property and get it in tip top shape to sell, or maybe they just have their eye on a different property and need the cash to purchase it. In any case, when you can find deals like this you need to be ready to act.
Homeowners who have not been able to keep up with their monthly mortgage payments may be willing to sell their home to you for far less than market value in order to avoid foreclosure. For them, this can wipe the slate clean so to speak, and keep them from getting an ugly blemish on their credit report. For you, there is potential profit in the equity the homeowner has built up over the years living in the home. Many have been in their homes several years, making these very good investments.
Much like the wholesale property scenario we talked about, you need to be ready to act quickly when these deals come up.
At MyHouseDeals.com we give you the information you need to find, investigate, and purchase the latest wholesale property and pre foreclosure deals. Our staff updates our site every day with the newest listings for these types of properties in the Indianapolis area. We not only verify listing details, but we encourage owners to lower their prices if their property is not generating enough interest among our members.
Additional Articles: Indianapolis Foreclosure Properties | Indianapolis HUD Homes | Indianapolis Investment Properties | Indianapolis Real Estate Investment Clubs | Indianapolis Rental Properties | Indianapolis REOs | Indianapolis Wholesale Property
