Residential vs Commercial MF: Which One is For You?
Residential vs. Commercial MF: Which One is For You?
There are two different kinds of multifamily properties: Residential and Commercial. Residential buildings are rentals with 4 units and below. Commercial buildings have 5 or more units. Commercial properties require 20% down and has fewer buyers because of the lending options.
So how do you decide which to invest in? Keenan with Kloud Realty Group and Adam (NMLS #206051) share a few things to consider.
Whichever path you decide to pursue, there is one ninja strategy you need to make sure you are taking advantage of.
New 29 Day Home Loan Closing Guarantee
We have exclusive FIRST access to this new loan program, provided through First Rate Financial (NMLS #184451).
29 Days, Contract to Close, Guaranteed.
Wouldn't it be GREAT to move into your new home, in just 29 days?
No Appraisal risk, and potentially extra $$$ in your pocket.
Questions about investing in real estate?
Keenan is an Investment Specialist with a long history of personally investing in real estate as well as assisting other investors with purchases and sales to build their wealth profiles.
You'll leave the conversation better informed and confident in your next steps!