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Updated over 7 years ago on . Most recent reply
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Multi family or commercial property?
I have been in the single family rental market for 6 years, it's a love hate relationship. I have 4 rental properties, 1 is in escrow closing set for 11/10/17, the other going on the market priced to sell fast. I recently learned to avoid capitol gains i can use the 1031 exchange. I also learned I have to buy equal or greater. That being said I need a property around 500k
Questions
1) which would be a better investment, multi family or commercial I am EXTREMELY handy and do nearly all improvement myself.
2) what websites feature multi family / commercial property for investors?
I appreciate all opinions and help offered.
Most Popular Reply
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Note that "multifamily" can include both residential (4 or less units) and commercial (5+ units) multifamily properties.
You can find these in most MLS sytems under "Income" properties, or under "Multifamily" (residential or commercial, depending on the number of units).
Loopnet is another useful resource.
- Jeff Copeland