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Updated about 15 years ago on . Most recent reply

User Stats

153
Posts
17
Votes
Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
17
Votes |
153
Posts

Need Multifamily around Minneapolis QUICK!

Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
Posted

I just received a good offer on one of my duplexes that I have accepted. I have owned the duplex for a little over a year and would like to do a 1031 exchange with the proceeds (don't get me started on all the reasons I don't want to pay taxes :oops: ). The closing is in January, but I want to find a good deal on another duplex or multifamily as soon as possible to make it eligible. Anyone have any ideas on how I could locate a motivated seller (bank or homeowner) quickly? I really did not think the duplex would sell that quick.

Alternatively, are there any realtors or wholesalers out there who might have something for me in Minneapolis? Thanks for any help.

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