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Updated almost 8 years ago,
How do I find/finance my first commercial real estate deal?
Greetings BP Community
I am an investor in Maryland who is seeking advice on how to learn more about investing in commercial real estate. Can anyone suggest any resources to get started? My wife and I already invest in SFHs and would like to turn to commercial within the next few years so that we can pay all of our bills with the passive income. I have two categories of questions: 1) evaluating commercial and 2) financing
- Evaluating commercial real estate
- What good books are available on how to evaluate commercial real estate?
- Where do you find these deals?
- What are biggest pros and cons to investing in commercial v. SFH?
- How do you know you have a good deal?
- Financing
- How do you get a bank to approve a non-recourse loan?
- How do you get a bank to lend to an LLC?
- Is it better to have multiple partners on commercial deals?
Any feedback is much appreciated. Thanks!