Buying three duplexes as a bundle

[Leon Lee]

Dear BPers If I decide to go for a deal with three duplexes sold together, should I apply for residential loan or commercial loan? Am I right the first step is to meet portfolio loan officers in local community banks to know the amount and terms of the loan I can get? Thank you!
Lee

[Chris Mason]

Originally posted by @Leon Lee:

Dear BPers

If I decide to go for a deal with three duplexes sold together, should I apply for residential loan or commercial loan?

Am I right the first step is to meet portfolio loan officers in local community banks to know the amount and terms of the loan I can get?

Thank you!
Lee

 You can do either. 

Residential is of course better financing, if you still have 3 slots left out of your 10. It doesn't have to be a portfolio loan, vanilla Fannie 30YF with the subsidized rate will do. Find someone experienced with concurrent mortgage closings.