Updated about 6 years ago on . Most recent reply
Looking To Purchase First Commercial Deal
Hey BP!
So after almost 4 years of REI, my wife and I have accumulated a decent sized portfolio of 8 duplexes, putting us at 16 units. We're now looking to get into our first commercial deal. Ideally we'd like to get into something within the 10-15 unit range and were wondering if anyone has any advice as to where to start. The majority of our deals have come from our agent who's listings have either been off the MLS and some off market deals, but he's primarily a residential agent. We've been searching sites like LoopNet, for example, but haven't really found anything that's caught our attention. Also, a lot of those properties aren't even active anymore and have been sold months ago.
So if anyone can share some advice, their experiences in commercial real estate I'd really appreciate it!
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So we came across a lead. 24 units in Atlantic City. Anyone have any experience with investing in AC?