I understand there are other risks in this niche market, but I feel that's is more of a positive.Can some BP members familiar with the commerical/retail market share some of the more important/maybe obvious differences between multi-family (less than 4 units AND 4+) vs retail.

I've actually found my commerical lender has a lot more flexibility in UW and can get creative with my DTI depending on how many projects I'm rocking at once.

Smaller Commerical banks might just say it’s a 1-3% prepayment penalty if you refi unless it’s within 6 months of your ballon.

They have some really good rates on commerical refi right now. 

THere are sites that compare health insurance, driver's insurance, etc.Does anyone know of any online comparison sites to get quotes from multiple agents for Landlord's (commerical residential property) insurance?

Maybe i can get a DSCR type commerical loan for it, and then move into it once i can afford it?

Will a realator help me or a Commerical broker? 

@ jarese for starters..i would say identify your strengths...are u a people person..a numbers guy...have a lot of time..a money guy where u have funds to go residential versus commerical..however this last criteria may be a little skewed given the fact commerical property can be acquired fairly cheap in the detroit market...i would also say decide if u want to get into the rehab bussiness the landlordong business wholesaling birddogging etc...all these things can make u money but i would suggest that u pick one and stick to that until u meet a predetermined goal u set for your real estate objectives

I'm experienced but used a Commerical Agent for both purchase and sale of my MFU - - they earn their commissions!

Looking for Charlotte based commerical real estate brokers and property managers.