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Updated almost 9 years ago on . Most recent reply
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Best price-to-rent ratio areas in the Twin Cities?
I'm looking to use an FHA loan to house hack either a single family or 2-3 unit property in about a year from now. So far I'm looking at:
NE Minneapolis
Camden
Golden Valley
Robbinsdale
St. Louis Park
SE of Downtown... like Seward neighborhood (?)
But I'm pretty flexible with where I live so long as it's within a reasonable radius of downtown Minneapolis (e.g., South St. Paul would be too far). Can anyone recommend up and coming neighborhoods of St. Paul where price-to-rent ratios and vacancy rates would benefit a house hacker? Thank you!
Most Popular Reply
My personal favorite is Hopkins. Charming small town feel, with close proximity to everything that MPLS has to offer. It's where I do almost all my investing. In my humble opinion, no better place to park your money in the Twin Cities right now.