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Updated over 8 years ago on . Most recent reply

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41
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14
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Lue C.
  • Cary, NC
14
Votes |
41
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Residential multi-units vs Commercial multi-units

Lue C.
  • Cary, NC
Posted
Newbie here at BP... I've been listening to past podcasts and am interested in learning more about multifamily/multi units. I heard that a property more than 4 units is considered commercial property and financing becomes complicated. What if I pay cash? Will that eliminate the financing hurdle? Are there any more differences in the process like inspecting and closing? Are all properties listed on Loopnet commercial?

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