Just wanted to bump this to see if any replies.

This was not disclosed to me before the purchase and now I'm finding myself in a situation that could end in serious financial harm to myself. 

Hi All,When sourcing larger commercial deals, who are the brokers that you connect with most prominently and what markets do they operate in? 

Rates can be a bit higher in the 8-9% range.

More importantly, they create a motive for government to promote the sin - in this case wider use of a powerful drug.

You are far more likely to find a mentor through in-person networking and building relationships.

Some lenders will base off the "mix" of commercial vs residential by sqft and some will base off of rent, and some will base off of the unit counts, so you'd want to take advantage of the lender/broker that can fit your scenario in the most favorable way possible.Is the property fully occupied?

I recently purchased my first commercial property, marking a significant milestone in my journey as an investor.

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split

In multi-unit buildings, I just have my maintenance team toss this stuff in the basement in maintenance room where we can deal with it later.