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All Forum Posts by: Sisiley Bao

Sisiley Bao has started 1 posts and replied 3 times.

Starting Out

Post: Investing In Minneapolis, MN

Sisiley BaoPosted
  • Posts 4
  • Votes 3

Thank you guys for the helpful info!!

0 Votes
Starting Out

Post: Investing In Minneapolis, MN

Sisiley BaoPosted
  • Posts 4
  • Votes 3

Thank you all for the warm welcome and all the great advice!! Look forward to connecting soon!! 

Also I wasn't able to find upcoming REI meetings in Minneapolis. Anyone happens to know about any virtual meetings coming up?

0 Votes
Starting Out

Post: Investing In Minneapolis, MN

Sisiley BaoPosted
  • Posts 4
  • Votes 3

Hi all! Brand new investor. Really appreciate the wealth of information on this platform.

My husband and I recently relocated to Minneapolis from CA and thought it'll be great to start our RE investing journey here. We are currently renting near our work in downtown/UMN west bank area.

1. We own our home in CA. As we don't live there now, can the first property we acquire in Minneapolis be considered as a primary home for financing purpose (owner-occupant)? Can we be qualified for FHA loan? Would appreciate any advice on financing options.

2. We are open to single family or multifamily property. We have read on BP to look into neighborhoods like Crystal, Robbinsdale, Edina, Hopkins, St Louis Park, etc. Would really appreciate any other suggestion. 

Thank you!

3 Votes