Commercial vs Residential Lending

[David F.]

If my solely-owned LLC finances a 4-unit new construction with commercial lending, can I later refinance using a gov-backed conforming loan in my own name? Assume the property meets all the requirements for a conforming gov-backed loan, but due to DTI limitations I am choosing to start out with commercial financing and go ahead and build the property. Later, when I own more equity and am charging more for rent, I should meet the DTI limits and then I plan to refi as above. Thanks in advance.

[Nick G.]

Like you said, as long as the property meets the requirements for a conventional loan, I can't see there being an issue!