Minneapolis House Hack

[Caleb Petersen]

Anyone in the Minneapolis/ St. Paul area have insight into the best way to go about buying our first property? We want to buy a duplex/ triplex, possibly quadplex in the Minneapolis area. We think the best way to go about this is to look for a property in a surrounding suburb but within 20-30 mins of downtown/ UMN campus as we work downtown and most of our friends are still in school. Some of the suburbs we've prioritized are: Golden Valley, St. Louis Park, Hopkins, Richfield, Edina, and possibly as far as Stillwater. We're fine with doing a little sweat equity, our credit scores are all 700+, looking to flip in ~5 years. We will certainly do our due diligence on this deal but any particular tips would be appreciated. 

[Jordan Moorhead]

@Caleb Petersen the lowest down payment and easiest option is with an FHA loan. @Tim Swierczek can help you figure out the financing piece