What's the difference between a single family and a commercial multifamily loan?

What's the difference between a single family and a commercial multifamily loan? Ready to invest into small multifamily? Watch this video NEXT:    • How Your Wealth Will Explode After One Sma...   If you’re new to my channel, my name is Tony Stephan. I’m the founder and chief operator of Tony Stephan Enterprises (coaching & consulting), Stephan Group Real Estate Brokerage, and Tony Pro Investments (a family office, which is just a formal way of saying we invest our own money into multifamily real estate) If this is your first time finding me, welcome!…Here’s a quick outline of how I got here and what this channel is about. 14 yrs old: My mother abruptly left our home, we filed chapter 7 bankruptcy, and had a few years of very hard times. 18 yrs old: I lost my mother. My dad taught me fitness as an outlet to manage the stress. I wanted to help others dealing with trauma or stress via fitness, so I became a certified personal trainer and made $6/session. 23 yrs old: I graduated from Wayne State with a degree in Dietetics and became a Registered Dietitian, I took a 100% commission job at Lifetime Fitness. 26 yrs old: I quit that job, charged up my credit card to hire a mentor, and started an online coaching business. 27 yrs old: I broke even on the year and had massive struggles. 28 yrs old: I made my first $1m profit. 29 yrs old: I grew that business to 1000’s of customers in 21 different countries and made multiple 7 figures at 90% margins. 30 yrs old: We bought our first rental property, a single family rental in Royal Oak MI. 31 yrs old: We bought our first 7 unit apartment for $660k. 1 year later it was worth $1m. The game completely changed. Watch the case study here:    • I Paid $660k For A 7 Unit Apartment And In...   32 yrs old: We launched The Stephan Group brokerage to help other people discover the power of small multifamily 35 yrs old: We completed 6, 100% cash out refinances on small multifamily deals. We decide to go ALL in on multifamily and build to 1000 units. That’s when I started this YouTube channel to help YOU buy your first small multifamily apartment deal. Today: We currently own and operate 377 units of multifamily real estate on the road to 1000 units. This channel is about sharing our journey and helping YOU get in the game. Never quit and NEVER compromise on your dreams and goals. Tony 📢 What did you think of today’s video? We want to make each video BETTER and MORE VALUABLE for you. Drop your feedback in the comments so we can improve for you! 👍 If you enjoyed this video, please give it a thumbs up, and don't forget to subscribe to our channel for new videos weekly. Ready to invest in real estate for true time and lifestyle freedom? I have a few easy steps... Apply to work with me 1:1 in my coaching programs: https://tonystephan.com/coaching/ Grab my BRAND NEW BOOK The Small Multifamily BRRRR Method for FREE: https://start.tonystephan.com/freeboo... Get my Multifamily Deal Analyzer Spreadsheet: https://tonystephan.com/multifamily-d... Get my real estate investing BRRRR BLUEPRINT (how to BUY, REHAB, RENT, REFINANCE, and REPEAT for an INFINITE return with apartment buildings) https://tonystephan.com/blueprint/ 📲 𝗛𝗮𝘃𝗲 𝗔 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻? 𝗦𝗲𝗻𝗱 𝗠𝗲 𝗔 𝗗𝗠 𝗼𝗻 𝗜𝗻𝘀𝘁𝗮𝗴𝗿𝗮𝗺:   / tony_stephan_   👍Subscribe to my channel:    / @tonystephan   WATCH NEXT: How Much CashFlow I Make Owning a 56 Unit Apartment:    • How Much Cash Flow I Make Owning A 56 Unit...   Buying A 9 Unit Apartment With 5.5% Seller Financing:    • Buying A 9 Unit Apartment With 5.5% Seller...   How This Out Of State Investor Bought His First 12 Unit Multifamily Apartment:    • How This Out Of State Investor Bought His ...   How To Buy Your First Multifamily Apartment Step By Step:    • How To Buy Your First Multifamily Apartmen...   I Made $250k In 1 Year On My 7 Unit Multifamily Apartment: Steal My Blueprint!:    • I Made $250k In 1 Year On My 7 Unit Multif...   #realestateinvesting #realestate #multifamily #multifamilyinvesting #multifamilyrealestate #apartmentinvesting #apartmentinvestor #brrrrinvesting #brrrstrategy #dealanalysis #multifamilymentoring #brrrr