Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

66
Posts
21
Votes
Joshua Ocean
  • Rental Property Investor
21
Votes |
66
Posts

Getting a commercial loan For a multifamily

Joshua Ocean
  • Rental Property Investor
Posted

Hi,

I am a beginner to investing so this might be a dumb question...so bear with me. 

I dont have enough money to put any kind of downpayment through. I just used all of my money from selling my house to pay off about 75% of my debt. But i am getting incredibly impatient, i loath working a 6am-4pm job as a welder working in the hot sun all day to go home to not have much energy left to even be motivated to go through online classes. i want out of the rat race. period. 

i was mulling over the idea of trying to get a commercial loan to get a multi-family....is that a good way to get it? do i have to create an LLC and show profit for something first.....i dont even know where to start. any direction would help, thank you in advance.

Loading replies...