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Updated over 6 years ago on . Most recent reply
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New investor starting in Commerical Real Estate
Hi Everyone,
I have been on Bigger Pockets for couple of months not actively, but I am making it goal to be more active. I am looking to build my company's portfolio thru real estate investments. I first wanted to start with whole sailing, but honestly I feel like everyone is whole sailing which is fine and another tool as an investor I could use, but I do not want that to be my bread and butter. So, I have been reading the book "Crushing it Apartments and Commercial Real Estate" By Brian Murray and good read I made add and find myself gravitating more towards Multi Units for passive income instead of SFH. After listening to Bigger Pockets podcast show #227 with Joe Fairless that light bulb came on and I realize this is the space I would like to immerse myself into. So my question is, how did you determine your criteria? I have 2nd home and Florida that I is owned free and clear. I am thinking about doing HELOC on the home, use the HELOC to invest into multi units preferably 10 to 20 units. All feedback is welcomed.
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