Residential to commercial real estate, best way to transition?
What’s the best way for a residential property owner (SFH’s) to make the transition into commercial real estate?

Will banks see the experience with managing several SFH’s as sufficient borrower experience to want to partner with me on a bigger deal in the commercial real estate space?

What resources and who should I be looking to align myself with if I’m looking to jump into CRE within the next 2-3 years?
[{"id": "ihxlia3", "text": "How big are you thinking?", "replies": [], "depth": 1}, {"id": "ihxs31o", "text": "Easiest transition I think would be multifamily housing. It\u2019s priced extremely tight still though. I honestly don\u2019t know how some MF buyers are making money, unless they are underwriting the deal based on future rent increases. NNNs are the easiest from a management side, or you can hire out a management company. It really depends on what your goals are and how much capital you want to deploy.", "replies": [{"id": "ihxsayb", "text": "They always underwrite on future rent increases\u2026 the inflation table is 5% income 2.9% expenses\n\nIdk how they make monies either", "replies": [], "depth": 2}], "depth": 1}, {"id": "ihylmc9", "text": "From an experience gap perspective, lenders would be most comfortable with multi-family rental as a gateway asset to CRE ownership but single tenant net lease industrial or retail would probably be your next best bets.\n\nAssuming you have a strong financial covenant and good portfolio or personal income cash flow, you shouldn't encounter too much resistance from lenders, and you can generally mitigate their concerns by hiring a best-in-market property management group (who you can choose to retain, or not, after the first year).\n\nSource: I'm a debt and equity broker at a major international brokerage and have helped borrowers make this same transition.", "replies": [], "depth": 1}, {"id": "ihywj25", "text": "1031 exchange is the easiest way. Commercial Brokers and Lenders are your friend.", "replies": [], "depth": 1}]