When did you decide to go commercial?

[Ryan Dossey]

For those of you that started out with SFR or MULTI properties at what time/point did you decide to go commercial? Was there a certain time when you decided to jump into larger units? What made you make the change? What would you do differently?

[Mark Creason]

Ryan,

I went commercial in 2009.  The reason was the last recession.  I have bought and flipped over 400+ properties in Chicago, Denver, Socal, Las Vegas and Phoenix.  I went into building single family houses of which I built about 20 in Socal.  When the recession hit, it was hard to continue building and the market for contracting services was tough, as most people went upside down on their houses.  I went into commercial lending as the deals are bigger and the borrowers are more professional.  You will know when your time comes.

Mark