I was listening to a BP podcast and they mentioned that multifamily 5+ units is actually easier to deal with than anything under that. I found a few that look good. So I am looking for a way to get into commercial multifamily property.
I am good at finding deals, I have access to the MLS but I'm not sure how to find funding (I don't have a lot of liquidity) or a JV partner/Mentor that would be interested in showing me the ropes on how to buy these properties.
I am also on the hunt for Multifamily units around SoCal. I recently found this YT Channel that explains how to get funding for commercial properties, etc. https://www.youtube.com/watch?...
Hope this helps,
Many banks , smaller lenders will be a good option . They did have a min loan amount and often will not allow for secondary financing . HMl maybe a great option to get creative too.
@Claudio Salvatorelli Thank you! I will check this out!
I definitely recommend out of state, lower costs, less government interference, and more supply.