I don't think requesting to get it zoned to R-4 (residential multi-family) is an option but my question is, what are the requirements to getting approved for a commerical loan?

I have been looking into small MFH, like 5-6 units....But everywhere I looked (in Bay Area and LA), downpayment needs to be 70% ish for the property to cash flow... My one friend bought a C- MFH for $2.4M in Phoenix a...

I have ownership of  a cashflowing commerical property that's approximately 4200 sqft.

I think only way is to report him to police for commerical crime cheating people claim to get loan.

My question is, being that I have only dealt with residential property and I haven't dealt in commerical/residential in a downtown area and I'm dealing with such a small amount of capital are there any costs that I should think about that I wouldn't have seen with a residential property?

My question is, being that I have only dealt with residential property and I haven't dealt in commerical/residential in a downtown area and I'm dealing with such a small amount of capital are there any costs that I should think about that I wouldn't have seen with a residential property?

properties can get rezoned.usually you can not operate a business out of a single family home. sometimes i have seen SFHs that are zoned commerical and therefore can have a business operating out of the SFH.

I've only seen multiple SFHs under one loan at around 4-5 minimum and it's done with a commerical loan, not a mortgage. but check out Patch of Land. they do this on the regular but I'm not aware of their requirements (loan min, etc).

For Commerical it would be "Commercial Real Estate Investing" by Dolf De RoosFor Flipping I only read one book by Gary Keller "Flip"

(The Refi being not enough to pay off the HML. )   Are there any rule of thumb or industry standards as to what a commerical refi ltv would be at the end of the day?