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Updated about 7 years ago on . Most recent reply
New Commercial Real Estate Investor
I have two residential rental properties that I enjoy very much. The time has come for me to move into the commercial market. I believe my niche is multi-family. I feel like giving someone a roof over the head is a great way to give back to the community. I am here to learn all I can and network with as many people as I can.
My goal is to buy my first commercial property before I'm 31 (I am 29 now.)
Most Popular Reply
Originally posted by @Account Closed:
"Multi unit buildings are still considered residential...commercial buildings are buildings rented out to businesses; like a strip mall, or office space, even a storage facility. "
Not true, commercial RE includes apartment building too, which is what he is referring to. Any multi-family with 5 units or above is considered commercial.