It's a mess with commercial properties.

I own a commercial unit, and I’m trying to determine a fair rental rate for the space.

My jaw dropped open at that amount for only 4 properties.

I got into commercial properties after my first investment.

It sounds like the commercial property you are looking at is a slam dunk. 

Hi all -- I've identified a piece of property that I would like to develop into mostly residential homes, with some townhomes/multifamily.

It's a million-dollar property.

VERY unlikely unless you either source an off-market property yourself or you find a unicorn deal (our last semi-BRRRR was a B-neighborhood property we sourced from an out of town wholesaler in late 2023, but couldn't get all our capital back out on refi).  

If you do decide to start flipping homes- as a new investor you can either self finance with all cash, or you can contact a commercial lender like myself and expect terms to be 75-80% of the purchase price with 100% of the rehab financed through a draw.

Our current focus is for a family lakehouse / lifestyle play here in TN but would like to work my way into commercial properties, short-term rental facilities, business acquisitions to name a few.