Updated over 4 years ago on . Most recent reply
5 unit split to duplex and triplex
Good evening all. I am new to this. I have been looking for a while now and have finally come across what I think is a good deal. I had been looking for a duplex to quad. I came across a 5 unit today and went to look at it and it looks like a potential winner. Would like to put in an offer tomorrow. Problem is i am all set up to go residential in terms of financing(have preapproval etc). I know that with 5 unit I will need to go commercial. Question is the set up is in 2 buildings on same property, one with 2 units, the other with 3 units. Being that it is in 2 buildings is it possible to still go with residential financing as opposed to commercial? Any input would be greatly appreciated!