Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.If you want to close in the name of a LLC/ LLC taxed as an S Corp, or an S Corp, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).

I'm local to DFW working in the commercial space!

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

The value of commercial MF has fallen nationally.  

With your experience and a clear goal to build wealth and transition into multifamily commercial properties, you're on the right path.

Also, once you get over 5 bedrooms you have to commercially park your project.

I currently own 2 commercial and 1 residential, a 7 unit / 2 commercial storefront property, a Laundromat facility storefront, Then a 2 unit multi family that i am house hacking.The purpose of the this post is that i want to meet ALL investors( pro or just starting out) in New London County to know each other and learn and talk about real estate, want to create a great network of people in this county.

He ended up sitting down with a local commercial broker who specialized in warehouse properties.

That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

Or in your case, maybe even change classes of property and use what's known as a consolidation exchange to combine the sales into a larger asset like a multi-family or commercial property.