Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

10
Posts
9
Votes
Ben Chung
  • Flipper/Rehabber
  • Philadelphia, PA
9
Votes |
10
Posts

Refinance Lenders for Mixed Used Space

Ben Chung
  • Flipper/Rehabber
  • Philadelphia, PA
Posted

I have a mixed used property in philadelphia, 1st floor is retail, 2nd floor is a 3/1 apartment. Any recommendations for a cash-out refi lender? The ones I typically use only do residential. 

Most Popular Reply

User Stats

39
Posts
65
Votes
Adam Windham
  • Lender
  • San Diego | Phoenix | Miami
65
Votes |
39
Posts
Adam Windham
  • Lender
  • San Diego | Phoenix | Miami
Replied

Generally just need to see 51% of the building square footage be residential and then you could use a DSCR loan and underwrite with the combined residential and commercial income of the property.

  • Adam Windham
  • [email protected]
  • 619-304-9507
  • Loading replies...