Sold a ranch (relinquished property) which was mixed-use (primary & business).

These areas seem to have a mix of A/B/C property types, and have seen appreciation recently due to the massive growth of Austin and the surrounding areas.

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Purchase price: $295,000 Cash invested: $100,000 I purchased several tracts of land and put them together, got them rezoned with the intention of building a 13,800 sq/ft mixed use building.

I have the opportunity to purchase a mixed-use building in my local town for 80k.

For example if your first purchase is a 10 unit apartment building the carrier you have that insured with might not want to insure your second purchase if it's a mixed used building with habitational risk above, but lets say a bar below.Best of luck with the property.

Interest rate would obviously be important but would the mix of structures on the property make it difficult to get a normal commercial loan?

Interest rate would obviously be important but would the mix of structures on the property make it difficult to get a normal commercial loan?

@Jonathan CrawfordI’m closing on a mixed use building 150 under ask price.

Throughout my journey I've noticed that a daily mix (of any of the following) podcasts, youtube videos, and books has helped me to better speak the language of real estate investing.