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Updated almost 7 years ago,

User Stats

4
Posts
2
Votes
Erik Halvorsen
  • Minneapolis, MN
2
Votes |
4
Posts

Motivated new BP Member in Twin Cities (Minneapolis/St. Paul) MN

Erik Halvorsen
  • Minneapolis, MN
Posted

Hi BP community! 

I have been listening and following BP since December 2016 when I realized the power of real estate.

I was a traditional index fund, buy and hold investor for years but was never really passionate about it.  I have been a renter for years and always dreaded the thought of buying a HUGE liability, especially in a tight market. When I found BP I was instantly hooked and have been preparing to make my/our first deal (just bought an engagement ring to marry my high school sweet heart)! 

A little about myself, I am a 8 year Marine Corps veteran (access to VA loans) and worked over-seas for a year. I have saved up a sizable amount (enough for $50k in rehab and down payment). I am A graduate of U of MN, where I studied business, construction management, and operations. I have a good paying (W2) job in NE Minneapolis and excellent credit. We even have access to cash to purchase outright (would want to do a cash-out refi). I have construction experience and am not afraid to get my hands dirty in doing repairs.

We are hoping to buy a duplex, rehab, and live in the other unit. 

We are looking in the HOT and competitive NE Minneapolis area but are open to surrounding areas with rental tenant potential or Air B n B possibilities. 

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