My primary residence was my entry point into the world of real estate investing. But even though my primary consideration was finding a place to call home, I also wanted to be sure it was a place I could eventually turn into a rental property.

It can be said that the whole world moves in cycles. Whether you're talking about the weather or different investments, there is a predictable succession of high periods followed by low periods, hot times followed by cold ones, and good times followed by bad ones.

One of the reasons I think I gravitate towards finances and investing is because I continually find parallels between them and my previous career as a pitcher.

Multifamily refers to real estate that contains more than one household unit in the building, such as a duplex. But as far as lenders are concerned and for the purposes of this discussion, anything larger than 5 units is considered commercial multifamily.