However some of the "easy parts" of residential change like financing and the term of the note.

I'm interested in multi-family investment and want to buy a residential multi-family (2-4 units) to live in one unit.Ideally in Montgomery County as I live in Rockville (or PG county/Baltimore)

Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k and in great residential location!

We are looking to buy a residential, multi family unit.

My client recently purchased a 3/2 single family house for $160k that was near turnkey and already rented at $1900/month and in a very desirable residential neighborhood!

If I can 1031 exchange them into residential property in SC, the debt will be gone.

Pretty hard to make 100K on wholesale deals, but with an apartment complex or occasionally with a residential house it has been completed before.

It is usually allowable up to 6 - 12 months after the purchase. 3.Buildings are determined as commercial or residential based on the official cadastral category by the local council.4.Commercial mortgage LTV Max 60% depending on the specifics. 5.Not an issue using foreign income for affordability calculations if salary is taken into account. 6.Property valuation is conducted by a valuation company requested by the bank. 7.Residential mortgages can be up to around 80% LTV depending on affordability. 8.

I've also launched a residential real estate painting company.