Updated over 6 years ago on . Most recent reply
One deed 4 parcels
My husband and I are looking at a set of 4 townhouses to purchase as buy and hold. The 4 townhouses are all one building but listed as separate parcels. My question is about the financing. They are listed on one deed but they are each separate parcels. Will we have to get a commercial loan or could we get a single conventional loan? The current owner has a single conventional 30 year loan for all 4 so I'm assuming we can do the same but I'm not sure, especially since the mortgage industry has changed so much since the current owner purchased it in 2006.