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Updated over 4 years ago,
Commercial Lingo Question
I've been in the multi-family market for duplexes to 4 plexes, but now I'm wanting to pursue something in commercial property with a larger building like somewhere between 6 and 10 units that can be used for Short Term Rentals in my market. The broker asked me to tell him "minimum / maximum deal size." What does that mean? Is that the price or something else? Please let me know what you know about this.
Thanks so much