What would you guys recommend I purchase as a beginner CRE investor ?
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[{"id": "gna6qnn", "text": "5-8 unit multifamily if you want to stay residential.\n\nA small retail/office property, or something mixed use with 1-2 apartments above and small retail/office on the first floor. Retail/office is pretty risky right now because of COVID and changes with remote work.\n\nIf you want to go industrial/warehouse, I'm not sure what the best way to make that jump would be.", "replies": [], "depth": 1}, {"id": "gna8z3x", "text": "4 units is the highest amount of units to be considered residential. The easiest transition would be to approach a mortgage broker (commercial) to talk to local banks that would lend to you on up to 20 unit multifamily. You can use the story of buying and managing the 4 unit building to convince them to lend. They will look at the financials of the building, your credit, your knowledge, your net worth and expect a 20-25% down payment.", "replies": [], "depth": 1}, {"id": "gnaecq0", "text": "Purchase a book called the greatest apartment investing guide ever by Joe fairless. You may not need syndication but you do need the knowledge of selecting a market and property located in that book", "replies": [{"id": "gnafq9f", "text": "Appreciate you !", "replies": [], "depth": 2}], "depth": 1}]