Commercial loans vs residential

[John Anderson]

Hi all,

I have been investing in a couple of duplexes and single-family homes for the past two years and I would like to look into buying a small apartment complex. I was thinking about something between 6-10 units.

However, I am unfamiliar with how commercial loans work, and I was wondering if more experienced investors could highlight some of the big differences between commercial versus residential. Any advice would be greatly appreciated. Thanks!