Minnesota Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
4844 Grenwich Townhome Rehab and Hold
Thanks to @Dennis Zwirchitz for bringing this deal to me. Great to help out a charming couple that was overwhelmed with their sister's property after she passed away. And great to meet such a great guy like Dennis! My main contractor flaked out soon after I purchased this property and it took a while to qualify a new one. However, the results are terrific (and I found a much better GC!). Purchased for $79k; repairs approx $13k; monthly rent $1240. I'll refi next month and should be able to pull my equity out.
Check out the Before/After photos here : 4844 Grenwich Townhome