Ok, here is the choice, new SUV or real estate? Wondering why these two for choices, because for the price of a new SUV you can buy a home in Minneapolis.

Many investors and 1st time home buyers are taking advantage of these deals. There are currently 186 Minneapolis homes for sale under $50,000. Some of these properties are tear downs but many are simply “fixer uppers” from roof work to windows, flooring and plumbing but if you’re not afraid of some sweat equity you may want to take a closer look at the homes for sale.

To purchase a home like this you most likely will need cash or a re-hab type loan as traditional lending will not work.

The city of Minneapolis also has monies available in certain neighborhoods to help with the purchase and fix up costs that make these properties even more attractive.

If you’re an investor or first time home buyer contact me or call (612) 282-7653 for a free list of available homes under $50,000.