Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Single Family or Commercial?
Hello BP! I always like to open with a thank you for those who take the time to spread their knowledge and experience. Appreciate you 🙏🏻
So I found a smoking deal on a 5-Unit property. The owner very cleverly and efficiently turned this 3 story SFH into 5 separate units. Four 1bd's, and one 2bd unit. They all have their own kitchens and community laundry in the basement. Not exactly sure how the utilities are broken down yet but I'll learn that soon.
This may be a stupid question but would this qualify as a commercial property sense it’s over 4-units?