![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1133636/small_1695516780-avatar-alexp189.jpg?twic=v1/output=image&v=2)
24 April 2019 | 23 replies
i.e. cafe, lounge area, art gallery space, co-working creative space.I would first like to:1) Build up a larger client base for my brand online and see the the need for a brick and mortar location2) Evaluate the trend of brick and mortar retail / coworking space going forward3) Store up enough cash reserve to accommodate the increase operating expense tied with a commercial retail lease4) Gain commercial residential experience which in my opinion has less risk of vacancy.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/830753/small_1621504123-avatar-coltonp6.jpg?twic=v1/output=image&v=2)
8 November 2018 | 4 replies
I have experience with remodeling and used to be an Apprentice Plumber/HVAC tech, so that's why I'm thinking the first property that I get should be a Fix/flip to then turn around and fund a larger deal with the money made from that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1109746/small_1697067935-avatar-robertw367.jpg?twic=v1/output=image&v=2)
3 October 2021 | 6 replies
If so I was wondering if it is a good choice or if I need to try to get my money back.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/867608/small_1621504694-avatar-omarih.jpg?twic=v1/output=image&v=2)
3 September 2018 | 5 replies
Good choice @Omari Heflin- I totally agree with everything above.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/513396/small_1695486048-avatar-jayz6.jpg?twic=v1/output=image&v=2)
24 August 2018 | 1 reply
And buying larger residential rental doesn't seem generate same return rate (If anyone think I am wrong, please chime in).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/512773/small_1621480390-avatar-dzheng.jpg?twic=v1/output=image&v=2)
15 October 2018 | 61 replies
balloon loans were getting called left and right .. but like you not predicting that.. but balloons always have that risk ALWAYS... when Rialto got 5 b of tarp funds they went hunting for little bank portfolios and loved picking up balloon payment notes then foreclosing on them.. it happened to two folks I know personally and they bought a little bank here in Oregon and did the same to some folks with MF .. it was a mess.. but again not predicting that at all.. however its not wise to also think the refi will always be there.. that is not prudent either.. so if your forced to sell 25% equity pretty much gets stripped in sales fee's and distressed forced sale pricing.. personally any short term debt I take on is my community bank that is solid and my banker of 25 years.. he rode through 08 with me and kept me afloat when others drowned on their debt.. but the larger banks I had credit facilities with they all got called and paying back 10 plus million in 20 months is not fun .. .
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1122110/small_1694897551-avatar-allanc17.jpg?twic=v1/output=image&v=2)
24 August 2018 | 3 replies
That's different than just one or two units in a larger complex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1138366/small_1696492537-avatar-rohits29.jpg?twic=v1/output=image&v=2)
28 August 2018 | 22 replies
Your choice would be to earn $750 per month in income and hoard th ecash in yur property praying the markets do not turn or sell and reinvest to earn potentially $2900 per month.Probably the same risk with more than 3X the reward.
24 August 2018 | 3 replies
It’s their choices they need to live with.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1114868/small_1621509112-avatar-jordanf51.jpg?twic=v1/output=image&v=2)
28 August 2018 | 20 replies
There are a lot of good choices, you can find them on BP.