Lessons Learned: I should have transitioned to larger commercial deals sooner.

My wife and I are new investors transitioning into Commercial Real Estate, with a focus on multifamily properties.

I understand they are planning to to offer recordkeeping and plan document maintenance services to Quest clients with no cost to transition. 

However, once I transitioned into single-family homes, I realized that the cash flow difference wasn’t as significant, but the management became simpler.

FHA Loan – 3.5% Down (Owner-Occupied)Buy a duplex, triplex, or fourplex, live in one unit, and rent out the others.You only need 3.5% down with a 580+ credit score.STRs are typically not allowed initially, but you can transition over time.3.

Areas like Logan Square, Lincoln Park, and Pilsen attract renters due to their trendy amenities and access to public transit.

After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2. 

If you want to be truly passive while living abroad you could consider a DST transfer or syndication where you transition your properties to professional management and get paid as a limited partner and not have to worry about any sort of property management takes.

If I have a homeowner client that wants to play games, I'll gladly help transition them to another manager.

I am about to transition over to their platform.