April 30, 2014
People who are new to real estate investment sometimes find themselves stumped by which type of investment to start out with. Commercial or residential? Keep in mind that an apartment complex (commercial property) is defined as five units and above. Four or fewer units is considered a residential property.
We recommend that you start with a residential investment, unless you have a large amount of money to invest and you work with an experienced partner. Why should you do this instead of going with an apartment purchase and multifamily loan?