Mixed Zoning Duplex Financing

[Zachary Richardson]

Hey BP, so there is a duplex in downtown Waukesha, WI. It's a 2 bedroom downstairs zoned as commercial, 3 bedroom upstairs zoned as residential, and it has some really nice structure. Problem 1 is, it is a foreclosure, and the bank is looking for a cash buyer, and problem 2 is, since it is a mixed zone, even if they weren't looking for cash, I couldn't get a loan on it. It is listed at 99,900, but I think it would be appraised at around 120,000. If I were able to get the property, there are a couple different options I could do with it. I would live in one unit, and rent out the other. Since it is right downtown, I could try AirBnB, or I could start a business in the bottom unit. All of these would at least cover any sort of mortgage, plus I would be saving the 1,000 dollars a month I currently spend on rent. Can anybody explain how I might be able to finance this property?

Thanks!