Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

21
Posts
7
Votes
Annabelle Rozen
  • Rental Property Investor
  • New York, NY
7
Votes |
21
Posts

Looking to upscale to commercial multifamily

Annabelle Rozen
  • Rental Property Investor
  • New York, NY
Posted

Hi all!

I have been fixing up and renting out (BRRR) small 1-4 units in the past few years, accumulating some capital, and gaining management experience, which I would like to use now to upscale my business to a larger commercial building. Looking at the posts here for the past few years and the current U-Haul reports, etc. I am looking to the strong states as far as growth, like TX (Fort Worth..?) and FL (Tamps/St.Pete..?) My question is - what kind of a deal would I be able to find as my first commercial building in a good school district (which attracts responsible paying, and staying tenants)? what would be the minimum required Down payment? what what should be my budget in these areas?

Any recommendation where to start would be appreciated! 

Most Popular Reply

User Stats

2,271
Posts
1,278
Votes
Alex Bekeza
  • Lender
  • Los Angeles, CA
1,278
Votes |
2,271
Posts
Alex Bekeza
  • Lender
  • Los Angeles, CA
Replied

@Annabelle Rozen One you venture above 4 Units you will MOST LIKELY need to put a minimum of 25% down.  

business profile image
Investor Property Loan
5.0 stars
262 Reviews

Loading replies...