Bridge, New Construction and Rental Property Loans in Minnesota
Minnesota offers a variety of real estate investment opportunities for those looking to get started in the industry. There is a strong demand for single-family homes in Minnesota, as the population continues to grow. The state also offers a variety of tax incentives for homeowners, making it an attractive investment.
Minnesota Loan ApplicationInvestment Properties in Minnesota
If you're looking for a great place to invest in real estate, Minnesota should be at the top of your list. There are many opportunities here, whether you're looking for fix-and-flip properties or long-term rentals. The market is diverse, with something to offer for every type of investor.
Employment in the Land of 10,000 Lakes comprises many large companies. Here's a look at some of the best companies to work for in Minnesota, based on employee satisfaction ratings.
3M is one of the world's most innovative companies.
The Mayo Clinic is consistently ranked as one of the best places to work in health care, General Mills is committed to sustainability and giving back to the community, and employees say it's a great place to work. Target is another Minnesota-based company with a strong commitment to its employees. Xcel Energy is a good option as it's known for its forward-thinking initiatives, like its investment in solar power.
As you can tell by the list above, the opportunity in Minnesota is ripe for strong rental investment due to the large company workforce. However, do not forget about housing needs and real estate investment in small business opportunities such as office parks and buildings.
Another plus for investing in Minnesota is the lower cost of living. This makes it an attractive option for rental properties, as tenants will be able to afford to live comfortably without breaking the bank. Average rental prices are $1,194.
When it comes to local workforce and general demographics of the state, 25 to 34-year-olds make up 13.7% of the population, while 35 to 44-year-olds make up 16.8%. 45 to 54-year-olds make up 33.7% of the population.
Visitors to Minnesota will find plenty to see and do, no matter what their interests are. The state is known for its beautiful scenery, with countless lakes and forests to explore. There are also many urban attractions, such as the Twin Cities of Minneapolis and St. Paul. From plenty of outdoor activities in the summer to skiing and snowboarding, there are real estate opportunities available for those interested in both rental properties and short-term fix and flip investments. The real estate market in Minnesota, due to its unique setting of lovely land attractions and large cities, is unique and ready for success.
If you're looking for a great place to invest in real estate, Minnesota should definitely be on your radar. With its potential for high returns and a low cost of living, it's a great option for any investor.
Another plus for investing in Minnesota is the lower cost of living. This makes it an attractive option for rental properties, as tenants will be able to afford to live comfortably without breaking the bank. Average rental prices are $1,194.
When it comes to local workforce and general demographics of the state, 25 to 34-year-olds make up 13.7% of the population, while 35 to 44-year-olds make up 16.8%. 45 to 54-year-olds make up 33.7% of the population.
Visitors to Minnesota will find plenty to see and do, no matter what their interests are. The state is known for its beautiful scenery, with countless lakes and forests to explore. There are also many urban attractions, such as the Twin Cities of Minneapolis and St. Paul. From plenty of outdoor activities in the summer to skiing and snowboarding, there are real estate opportunities available for those interested in both rental properties and short-term fix and flip investments. The real estate market in Minnesota, due to its unique setting of lovely land attractions and large cities, is unique and ready for success.
If you're looking for a great place to invest in real estate, Minnesota should definitely be on your radar. With its potential for high returns and a low cost of living, it's a great option for any investor.
✓ Just a few of the locations we service - St. Cloud, St. Paul, Minneapolis, Rochester, Duluth
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Minnesota
Loan Summary Information for Minnesota
Getting the right funding in Minnesota can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Minnesota. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Minnesota. Read on to learn more about our current offerings in Minnesota.
Loan Products | FICO | $ Loan | Term | Rate | Points |
---|---|---|---|---|---|
FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only