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Puck04

posts: 2

Sep 22, 2008 2:30 AM ET Quote Report Abuse

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I want to start buying multi-family dwellings and apartment complexes, but haven`t been able to find a commercial lender or investor for this type of venture. The people that I have spoke with keep telling me to think smaller, and stay with single family homes, it`s easier, but I don`t want the big risk of a single family home and not having a tenant in it. Can anyone direct me to a possible source.

Softswine

posts: 7

Sep 22, 2008 8:59 AM ET Quote Report Abuse

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I`ve just gotten involved as a listed handyman for AnalyzedDeals.com. They do not participate in commercial property but do refer investors for up to 4-plex properties. If you visit their site maybe they have something of interest for you... no promises on my part... just offering an avenue. Good Luck

robertj

posts: 1458

Sep 22, 2008 4:42 PM ET Quote Report Abuse

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puck04,

Financing for commercial Real Estate is quite different than single family homes. Generally, the property is a key component of completing the deal - although the financial health of the borrower is a factor.

Do you have a specific situation for which you are seeking funding?

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Puck04

posts: 2

Sep 22, 2008 7:33 PM ET Quote Report Abuse

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Not as of yet. Just starting out and been researching for quite a while. Trying to figure out where to start really.

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