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Updated about 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from New Bedford, MA
  • Member since Sep 7, 2016
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from New Bedford, MA
  • Member since Sep 7, 2016
Connect
Account Closed
  • New Bedford, MA
3
Votes |
28
Posts
Commercial Real Estate Investing

Turning a commercial property back into a residential property

Account Closed
  • New Bedford, MA
Posted

What kind of financing would be used to purchase an historic home that was turned into a commercial office space but that I want to return to a residential property? Would you have to buy it with a commercial loan, get the proper city approval (they are in favor of returning it to residential) and then refinance into residential loan?

Thanks!

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