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According to Zillow, the median home value in Minneapolis is $291,476 and home values have gone up 3.3% over the past year and Zillow predicts they will fall -1.8% within the next year. The median list price per square foot in Minneapolis is $261, which is higher than the Minneapolis-St. Paul-Bloomington Metro average of $202. The median price of homes currently listed in Minneapolis is $309,650 while the median price of homes that sold is $292,600. The median rent price in Minneapolis is $1,795, which is higher than the Minneapolis-St. Paul-Bloomington Metro median of $1,699.
BridgeWell Capital is Minneapolis’s #1 hard money lender for real estate investments. We work with investors throughout Minnesota, who need to secure fast, hassle-free sources of capital to take advantage of investment opportunities as they become available. BridgeWell Capital professionals often finance investments in 7 days or less; no matter your current credit, financial, or employment situation. If your investment makes sense and promises a solid profit margin, you can be approved for hard money financing.
Keeping up with the markets throughout the greater Minneapolis area and staying up-to-date on current trends throughout the state of Minnesota can lead to, not only smarter investment decisions, but ultimately, a more successful portfolio of investment properties. At BridgeWell Capital, we approve our hard money loans based on your ability to succeed, and local market trends and indicators are some of the factors we encourage our borrowers to use to make smart investment decisions.
For example, buying a residential property where home sales are rising and days on market are decreasing, or where school ratings are high, and crime rates are low, should translate into an easier, more lucrative, real estate investment project. For current trends in Minnesota’s real estate investment markets, visit Zillow.com or Trulia.com.
Real Estate Investor Associations in Minnesota (and surrounding areas)
We always encourage getting involved in the local/regional real estate investment community. Whether you do or not won’t have any effect on your ability to secure hard money loans from BridgeWell Capital, but there’s probably no better place to network, learn, do business and collaborate with other real estate professionals than at Real Estate Investment Associations (REIAs). The REIAs serving the Minneapolis metro area and rest of Minnesota are:
REIAs are a great place for real estate investors to grow their business and we highly encourage getting involved. Find the REIA that best fits your needs. A well built out knowledge base and support group can only help when it comes to making your next real estate investment project a success. BridgeWell Capital is Minneapolis’s #1 hard money lender for real estate investment in the state. Whether it’s rehab loans or investment for rental properties, BridgeWell Capital is the most trusted name in private money lending. If you need help financing your next commercial or residential real estate project contact us today!
BridgeWell Capital wants you to be a success in real estate investing, and that takes knowledge, but the key to knowledge is knowing where to find it. Here are some links to help you get find the answers you seek.
At BridgeWell Capital we’re committed to your success, and we are ready to become an integral part of your real estate investment team.
For more information about our hard money loans in Minneapolis, call us at 866-500-4500, or fill out our request funding form online and we will contact you within one (1) business day.