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    If you are considering buying a multi-unit property, that is a property with full living accommodations for more than one family, there are several things to consider. In order to better understand this type of property purchase, here are three things to know:

    1. Commercial vs. Residential

    One important thing to understand before getting too far along in the process is the difference between a commercial property and a residential property. Generally, any property with more than four units will be considered a commercial property, while less than five units will

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    one family, there are several things to consider. In order to better understand this type of property purchase, here are three things to know:

    1. Commercial vs. Residential

    One important thing to understand before getting too far along in the process is the difference between a commercial property and a residential property. Generally, any property with more than four units will be considered a commercial property, while less than five units wil

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    are three things to know:

    1. Commercial vs. Residential

    One important thing to understand before getting too far along in the process is the difference between a commercial property and a residential property. Generally, any property with more than four units will be considered a commercial property, while less than five units wil

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    etting too far along in the process is the difference between a commercial property and a residential property. Generally, any property with more than four units will be considered a commercial property, while less than five units wil
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    ally, any property with more than four units will be considered a commercial property, while less than five units will be considered residential. The importance here lies in the fact that commercial loans are harder to obtain, feature higher rates, and usually require more down payment.

    2. Owner Occupied vs. Non-owner Occupied

    Another important factor of your multi-unit property purchase will be whether or not you are going to live in the property. If you are going to live in the property, you will have some good options not available to you if you are not, i.e.

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