I am looking into an 8-unit apartment building. The builder had the apartment classified as condos, so that is what they technically still are.
I am curious if there is any benefit to buying this as 8 separate mortgages rather than as 1 commercial building. I understand that the rates may be better if purchased individually. I believe that it then also gives me the option to sell them individually down the road if I would like.
But, the overall process of this seems like it could be a bit more messy.
Do any of you have any insight, suggestions or pros/cons to this that I may be missing? Thank you for any insights you may have!