Introduction & a question

[Evan B.]

My name is Evan. I am very interested in learning from the post that are already on this site as well as responding and posting in the future. I currently own 6 properties and I am looking to purchase more. Which leads me to my question, when does a property become commercial? I believe it is when the property has more then four units. I am trying to understand more about lending and therefore I believe that if a unit is commercial then you can't receive a conventional loan from the bank.

Thanks in advance for your help and I look forward to learning as well as sharing the lessons I have learned.