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Updated over 6 years ago on . Most recent reply

User Stats

247
Posts
123
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Ronny Tiburcio
  • New York City, NY
123
Votes |
247
Posts

Half commercial, Half residential

Ronny Tiburcio
  • New York City, NY
Posted

Hey guys, I had a question about a deal I have under contract. Its a 2 story building where half of it is a commercial space and the other half is a 4 bedroom apartment. Im trying to figure out all my options in terms of financing this property but I am not sure what kind of financing I can get for something like this. 

Ideally I would like to rent out the upstairs and half of the downstairs and use the other half of the commercial for my self. Not sure if a bank would finance that. Does anyone have any experience with this kind of deal?

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