Residential/Commercial Property Lending
I recently had my offer accepted on an 8-Unit apartment building in Pittsburgh, PA. Can this be financed personally or do I have to do a commercial loan since it is (more than 4-units) zoned as a commercial property? Every blog I read talks about commercial properties as commercial, not residential in terms of the purpose of the building.
I am new at this - I have several single family homes that I have financed personally but this is my first time purchasing a multi-unit property. The financing is more desirable if I could finance as a personal investment property however, I did recently open an LLC in the even I would need to seek financing through a business. Any advice would be greatly appreciated!