Lake Ariel Single Family 3/2
Investment Info:
Single-family residence buy & hold investment in Lake Ariel.
Purchase price: $89,000
Cash invested: $24,000
This is the first official home that I have closed on as of 3/13/18. It is part of an HOA.
The mindset was find something in my price range to buy and hold, and eventually would like to use equity to grab something else.
It is 3 bed 2 bath, part of a gated community. Home style is a Chalet most likely a prefab. An A frame. Propane heat as well chimney and wood burning stove. Luckily, I was able to fill it with great tenants.
Redid the basement, floors, and kitchen.