Lancaster city investment

[Dalton Adams]

Investment Info:

Townhouse buy & hold investment in Lancaster.

Purchase price: $147,000
Cash invested: $14,000

3bd/1bath row home on the west side of lancaster

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

Appreciating market with solid cashflow of 602 a month.

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

Family friend. No negotiations, the numbers worked for both parties

How did you finance this deal?

Conventional loan 5% down

How did you add value to the deal?

Marketed unit well maximumed rent

What was the outcome?

Net 602 per month

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Phil riai with Lancliving