Ready to buy your first commercial property? Book a call to join my mastermind: https://accelerator.crecentral.com/575k

In February 2019, I wired $575,000 to a title company and closed on my first commercial property. A former community bank in a Nashville suburb that two different buyers had already walked away from.

For the next year, I questioned whether I'd just made the biggest mistake of my life.

This is the full story of that deal. The real numbers, the two-offer negotiation that got me $175,000 off the list price, the $20,000 HVAC mistake that hit me two months after closing, and the three pro-forma assumptions I got wrong that almost broke the deal. I also walk through how I structured the capital stack on $115,000 of my own money, what I promised my investors, and the exit that turned $575,000 into $740,000 in two years.

If you've been looking at commercial real estate for a year (or three) and you still haven't pulled the trigger, this video is for you.

What we cover:
- The two-offer strategy. How I gave the seller a choice that saved me $175,000 in 30 seconds.
- The full capital stack. $460,000 bank loan, $100,000 investor equity, $125,000 line of credit, and why the LOC saved me.
- The three mistakes. HVAC scoping, vacancy carry, and pro forma optimism.
- The math at exit. What the deal actually returned to me and to my investors, paid out of the sale, not from monthly distributions.
- The truth. The one thing that actually separates investors who buy their first commercial property from investors who just keep looking at them.
- If you want the same system I walk Accelerator members through (buy box, capital stack, deal underwriting, and the three mistakes I just told you about), the link is here:

https://accelerator.crecentral.com/575k

Chapters:
00:00 The deal that almost broke me
01:15 Who I am and why this story matters
02:45 What I looked like at 25
04:30 How I actually found the building
05:30 The two-offer negotiation
07:30 The real numbers and the capital stack
10:00 Mistake 1: I didn't scope the HVAC
12:00 Mistake 2: I underestimated vacancy carry
13:30 Mistake 3: My pro forma was too optimistic
15:15 The part nobody tells you about your first deal
16:45 The exit: $575,000 in, $740,000 out
17:30 The one thing that actually matters
18:45 How to start

▪ FREE TRAINING - HOW TO TRANSITION FROM RESIDENTIAL TO COMMERCIAL REAL ESTATE (even if you don't have experience or a big network):
https://www.crecentral.com/transitioning-from-re-to-cre

▪ FREE COMMERCIAL REAL ESTATE CALCULATORS:
https://www.tylercauble.com/commercial-calculators

▪ FREE DEAL ANALYER:
https://www.tylercauble.com/analyzer

▪ READY TO BUY YOUR FIRST COMMERCIAL PROPERTY?
If you're feeling stuck or unsure how to break into commercial real estate, you're not alone. The CRE Accelerator is my step-by-step program with personal guidance, live coaching, and a community of other investors on the same journey.
Click below and book a call with us to see if it’s the right fit for you:
👉 https://www.crecentral.com

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The information provided in this video should not be construed or relied on as investment advice for any specific fact or circumstance. Its content was prepared by Tyler Cauble with its main office at 1100 Douglas Ave, Nashville, TN 37206. This video is designed for entertainment and information purposes only. Viewing this video does not create a broker-client relationship with Tyler Cauble or any of its agents. You should not act or rely on any of the information contained herein without individual professional advice.

#commercialrealestate #realestateinvesting #cre #investing


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