New investor in saint paul Minnesota

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New investor in saint paul Minnesota

Clint BradleyPro Member
Saint Paul, MN · Member since 2017 · 19 posts · 14 votes

Hey everyone.  My name is Clint. I'm just starting the journey into real estate investing and super excited! I have a girl friend and a little baby girl (10 months old) I've been listening to BP. For well over a year now, and love it. I live in the Minneapolis,  saint paul, Minnesota area and just sold my condo downtown saint paul to make this dream happen. I'm looking for a multi family in the area to owner occupy. My all in budget is 280k. If you have any advice, insight on properties or just want to say hi reach out to me. 

Clint 

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Andrew Fredrickson
Rental Property Investor · IL · Member since 2017 · 100 posts · 51 votes
8y

@Clint Bradley welcome to the BP community! Glad to see your excitement! 

If I was coaching my younger self, this is what I would recommend:

All the best!

-Andrew

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  • Andrew Fredrickson
    Rental Property Investor · IL · Member since 2017 · 100 posts · 51 votes
    8y

    @Clint Bradley welcome to the BP community! Glad to see your excitement! 

    If I was coaching my younger self, this is what I would recommend:

    All the best!

    -Andrew

    1Reply
  • John Woodrich
    Flipper/Rehabber · Minneapolis, MN · Member since 2016 · 1k+ posts · 1k+ votes
    8y

    Welcome to the forums @Clint Bradley

    First thing you should do is get setup with a financing person who knows real estate and a realtor who invests.  Many realtors do not specialize in RE but finding one can help you vet a deal and let you know of any problems or opportunities you may not see.

    Feel free to reach out to me with any questions or if you are looking for recommendations on who you should talk to.

    1Reply
  • Tim SwierczekPro Member
    Lender · White Bear Township, MN · Member since 2016 · 1k+ posts · 1k+ votes
    8y

    @Clint Bradley  Two things.  1 Good luck I love your plan.  2 Use the Conventional  5% down program of you can.

    0Reply
  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    8y

    @Clint Bradley it's still possible to do that. Saint Paul  has a few fun neighborhoods that have deals like that. Let me know if you want any recommendations! 

    [email protected]512-888-9122
    The Moorhead Team5140 Reviews
    WebsiteView Page
    0Reply
  • Clint BradleyPro Member
    OP
    Saint Paul, MN · Member since 2017 · 19 posts · 14 votes
    8y

    @Andrew I've definitely listened to that books couple times. Also always listening to the podcast. I need to start with the money podcast. I haven't been able to make a meeting yet but have just recently started looking for them. I've definitely been analyzing deals. I feel likeI'm getting better and better at it. I'll post a picture soon enough. 

    @john thanks for the recommendations. I got pre approved already so I think I'm good there.  I've made a couple offers already but haven't been accepted because I was having to go contingent.  But now that I've sold my place I've got thatout of the way. I'm also very interested in talking to you about the tax side of things.  

    @tim thank you sir! I'm going to be using my va loan in order to purchase this property. 

    @Jordan I'm always down for recommendations or off market deals. I do have a realtor already. I can get you his info if you'd like

    1Reply
  • George Blower
    Retirement Accounts Attorney · Southfield, MI · Member since 2017 · 3k+ posts · 1k+ votes
    8y

    @Clint Bradley

    Welcome to Bigger Pockets.

    0Reply
  • Eric Gunderson
    Real Estate Broker · Saint Paul, MN · Member since 2013 · 21 posts · 18 votes
    8y

    Welcome Clint! I think you've got a great base of knowledge to start out with. One of the mottos I follow is: "Never stop learning". It sounds like you do the same. I may know of a few multi-family deals coming up in St Paul that might fit your criteria. Send me a PM if you're interested. Good luck on your journey!

    0Reply
  • Brian Loibl
    Minneapolis, MN · Member since 2017 · 28 posts · 26 votes
    8y

    Welcome @Clint Bradley. I'm new to real estate and looking to do a MF house hack as well! My biggest mistake so far is not making the time for real estate, things get busy and that's the first thing that slips. I know on the BP podcast they say analyze at least 1 property a day, I think that is a good goal for newbies like us just so we get in the routine of always making daily progress. Good Luck!

    -Brian

    0Reply
  • Dmitriy Fomichenko
    Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    8y

    @Clint Bradley

    Welcome to the BP family! Glad you joined the best real estate investing website!

    Wishing you the best!

    0Reply
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