Pros Versus Cons

[Carlos Oliva]

Commercial vs Residential. I understand residential financing, buying & selling, but I often hear there is more money to be made in commercial, but don't understand much.

Should one start by finding a commercial lender first?

[Chris Seveney]

Quote from @Carlos Oliva:

Commercial vs Residential. I understand residential financing, buying & selling, but I often hear there is more money to be made in commercial, but don't understand much.

Should one start by finding a commercial lender first?

 Think of commercial vs residential as driving a prius compared to a mack truck. 

If you are starting out with no experience, start with residential. The reason more money is made in commercial is because its a greater price point. The percent returns are typically not much better, its just you make more money on a $10M building than you do a $100,000 asset.