I make like $60k a year and I want to purchase my first Commercial Real Estate property any advice where to start?
Hey so I’m new to Real Estate and I want to get into the industry of owning property. I work in the media and I have my own side hustle media production company that I create content out of my own rental apartment. I want to get into buying property and renting it out to bring in more money... I’m actually currently looking at a few spaces where I can relocate my own office and studio to as a starter to be more efficient With my own production company right now. But also other then that I’m just interested in it owning some property and renting it out to either people Or companies.  

But right now I don’t know where to start or even how to get that much capital to even purchase a place? My salary is pretty low and I don’t have much left over after my personal bills, Any ideas ????
[{"id": "ggickjf", "text": "Start meeting people in the industry. It\u2019s easiest to invest locally. Meet the people doing business in your area, and you can craft your real estate business based on your circumstances. If you don\u2019t have money, you learn from someone who does. Knowledge and relationships are king in this business.", "replies": [], "depth": 1}, {"id": "ggicr3o", "text": "go to your bank commercial mortgage officer request a preapproval letter see what you lack.", "replies": [], "depth": 1}, {"id": "ggidfqf", "text": "SBA 504 loan let's you buy owner-occupied commercial real estate with 10% down. SBA will guarantee 40% of the price and the bank will provide the remaining 50%. For every $65k that the SBA guarantees, you need to create/retain one job.\n\nSo, if your media production company is at 10 employees and it has $160k to put down on the property, you could borrow enough to buy a $1.6M property for your office/studio.\n\nDo you understand the difference between a gross and a net lease?", "replies": [{"id": "ggireis", "text": "This is really cool. Never knew about this.\n\nAny idea if there are revenue requirements for each dollar the SBA provides?", "replies": [{"id": "ggrt80s", "text": "They\u2019ll dig deep into your personal financials.", "replies": [], "depth": 3}], "depth": 2}, {"id": "ggqybku", "text": "Can you use that loan for residential commercial real estate?", "replies": [{"id": "ggr2j26", "text": "I don't think so.\n\nMaybe if your business occupies the first floor (e.g. retail) and rents out apartments on the second floor. The business has to occupy at least 50% of the real estate.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ggie6r3", "text": "Find investors.", "replies": [], "depth": 1}, {"id": "ggih1no", "text": "You might start with getting a commercial space that's bigger than you need and generating income by renting out the extra area. Just a caution, make sure your lease permits sublets and also make sure your tenants carry insurance. Commercial leases often have multiple parts, a base rent per sq. ft. + the landlord's pass through expenses (aka CAM) + Tax. Hint: right now most places have a glut of retail and office property and are tight on warehouse space, especially small legal warehouse space with parking. Research what's available in your area.", "replies": [], "depth": 1}, {"id": "ggihb76", "text": "It sounds like you might be adding a lot of unnecessary debt to a young business. Not that you shouldn\u2019t do it, but will this enhance your business? \n\nCommercial spaces are much more difficult to fill than a residential space. Businesses don\u2019t tend to change locations without a very good reason. On the other hand, most decent residential vacancies can be filled within a matter of days.", "replies": [{"id": "ggkaucq", "text": "This is a great point. There are other ways to invest in the business, and picking the one with the highest NPV is a great way to go. You don\u2019t need to be a Landlord to be successful - if your media company becomes successful, it\u2019s value could outweigh any lost price appreciation from owning your real estate.", "replies": [], "depth": 2}], "depth": 1}, {"id": "ggimzmx", "text": "If the business is barely covering your personal income, absent a lot of savings, you probably don't.  Look at sba or other owner occupant loans but it will still be tough.\n\nNot to be a dream crusher but your answer isnt a lot different than asking how you buy 1mm of amazon stock or whatever on margin.  You either have the income or assets or you don't.", "replies": [], "depth": 1}, {"id": "ggivsxk", "text": "You can list on my site", "replies": [], "depth": 1}, {"id": "ggm47r8", "text": "If you looking for a loan please contact me as I\u2019m a loan broker.", "replies": [], "depth": 1}]