South Minneapolis is such a great area to invest in. I

Disclaimer: When I buy a personal property, i simply buy an investment that I am willing to live in. I

I understand that the first house one invests in is often the most difficult due to the steep learning curve.

As I have mentioned in other posts I am developing a business plan and have been doing some market research for an area I am interested in. I

I will look into local loans, but I think the terms would not be as good as US banks due to interest rates variations.As an aside, what how have you been identifying your areas to invest in? I

But first, I have a ton to learn and I am trying to do as much research as possible before I jump right in. I

I'm looking at duplexes now and i'm trying to figure out which ones will meet the 50% rule but i'm not sure what numbers to plug in. I

If you are wholesaling or rehabbing, then the advantage is to gain access to the MLS to pull comps and listings you may be interested in. I

I have just enough cash to buy one property and rehab it in all cash unless I drop my standards big time on the properties I'm interested in. I

I tend to go for the bigger rehab projects at this stage that others are scared of and the bank is eager to unload.Just yesterday I got an REO under contract in a neighborhood I have numerous rentals in. I