Build Pathway
What Comes After Residential?
Nobody starts at 90/10 LP-GP. Evens Charles started with $1,000 and a hard money lender. The capital structure evolves as your track record grows. Find out where you are and what unlocks next.
Where Are You Now?
The Capital Structure Ladder
Your capital structure evolves with your track record. Each stage unlocks access to more leverage, more partners, and bigger deals.
1
Solo Capital$0-500KYou are here
75-80% bank / 20-25% your cash
Your own savings plus conventional mortgage or hard money lender. You learn the fundamentals: finding deals, managing contractors, understanding cash flow. This is where you earn the track record that unlocks everything else.
What you need at this stage:
$50K-$125K liquid capital
W2 income or 2 years self-employment history
Credit score 680+
Willingness to learn by doing
What unlocks the next stage:
Track record of 1-4 completed deals with documented returns.
2
SBA + Partner$500K-$3M
90% SBA 504 / 10% you + partner
SBA 504 loans get you 10% down on owner-occupied commercial. Partner with 1-2 co-investors who bring capital while you bring deal-finding and operational skill. 50/50 or 60/40 splits. This is where most people stall because they try to do it alone.
3
Friends & Family$3M-$10M
65-70% debt / 30-35% equity (6-8 LPs)
You have 5+ completed deals and a track record of returns. Now you raise a larger equity check from your network. 6-8 people putting in $200K-$500K each. You earn an acquisition fee, management fee, and promote.
4
Institutional LP$10M+
90% LP / 10% GP ($1.4M on $14M equity)
Family offices and institutional LPs put up 90% of the equity. You as GP put up 10%. On a $40M deal with 35% equity ($14M), the LP invests $12.6M and you invest $1.4M. You earn 1-2% acquisition fee, 1-2% annual management fee, and 20-30% promote above a 6-8% preferred return.
Commercial Asset Classes
Each asset class has different economics, complexity, and fit. Click to explore.
Small Multifamily (5-20 units)
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Large Multifamily (20-100+ units)
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Self-Storage
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Mixed-Use (Retail + Residential)
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Industrial / Warehouse
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Hospitality (Hotels, STR Portfolios)
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1031 Exchange Estimator
A 1031 exchange lets you defer capital gains taxes when selling one investment property and buying another. Estimate your potential tax savings.
Save Your Scaling Roadmap
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