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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 4 times.

Post: Realtor Recommendations in Minneapolis?

Account ClosedPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 2

@Tim Swierczek Thanks for the rec, Tim. Reliable realtor and property management advisor all in one? I'll take it. 

Post: Realtor Recommendations in Minneapolis?

Account ClosedPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 2

@Amber Gonion, I'd love to meet up once I'm back in town! Whether or not a we decide to partner, I'm always glad to make a new connection, too. 

Post: What to do when you don't qualify for conventional loan?

Account ClosedPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 2

Hi, team. 

My name is Luke Diamond, and I'm a new real estate investor in Minneapolis, MN. I am attempting to gain pre-approval for a loan on my first multi-family property (first property at all, for that matter).

The amount I have been pre-approved for via Rocket Mortgage is far too small to purchase a multi-family property in my local market. 

I'm a bit discouraged because, as a beginning investor, I was hoping to use basic financing methods (read: conventional loan) to obtain my first property, but that is beginning to seem like it isn't an option. 

Aside from boosting my credit score and bulking my savings -- both of which take time -- I am not sure what other options are available to finance my first purchase before my self-imposed deadline of September 1. 

If the Bigger Pockets community has any advice to offer, I am all ears. Thanks in advance for your pointers. 

Post: Realtor Recommendations in Minneapolis?

Account ClosedPosted
  • Minneapolis, MN
  • Posts 4
  • Votes 2

Hi, team.

My name is Luke Diamond, and I’m a new investor in Minneapolis, MN. 

I am planning to purchase a tri- or four-plex within 15 minutes driving distance of downtown Minneapolis before July 31, but I’m not familiar with realtors/real estate offices in the area.

What are local investors’ recommendations for choosing a realtor? And what are general seasoned investors’ counsel for choosing a realtor for your first purchase? 

Thank you in advance for your pointers, and best of luck on your own investor’s journeys. I’m excited (and a little daunted) to begin mine.