Hey guys I’m here because I need help from the experts.Have a comercial property that a friend of mine is trying to sell,I feel he’s overcharging us for the property because he’s not asking us for no money down which I know for a commercial your looking at least 20% down.He’s asking $790,000We looked at the county records and is showing is value at $450,000.help!

For multifamily and comercial rentals,1.

Does creating an LLC for managing the first investment property will be favorable for me as far as getting approved by a lender for a comercial loan investment 5+ units?

I understand you interested on a comercial loan, the problem.is that you don't have a W2.

I'm just worried we are showing too much income and not confident the expenses are allocating properly for taxes.Love to hear your setups - we have 2 Dupexes and One comercial unit - 2 STR's, 1 LTR, and The commercial rental.

I am in the Charlotte nc area, 21 years old and a Comercial masonry Forman.

Would this qualify as a Comercial loan due to # of units. 

It is my understanding that if you go 5 units or more you will need a Comercial loan and Comercial loans look at the property value and the revenue it generates and not so much credit score or DTI...so look for properties that are 5 units or more.Or do BRRR (Buy, rent, rehab, refinance) using a private loan (mom and dad or invester) or hard money loan.I hope this helps a bit.Good luck!

Can anyone direct me to an aggressive comercial lender in the Tampa area?

@Michael Newman Are you trying to analyze comercial deals or residential?