Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
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

Updated about 6 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Neo Yeung
  • Oak Park, IL
0
Votes |
2
Posts

Applying Loan for high-rental-occupied Condo

Neo Yeung
  • Oak Park, IL
Posted

Hello all,

I have a question regards to loan application for a condo.

There are 3 units in this property and I own one of them. (A single house that was converted into 3 units). One unit has already rented out and I am planning to rent out mine. Will the 3rd unit has a difficult time to sell because the lender will not want to borrow money for a property that has high-rental-occupied? The property located at Oak Park, IL

Thank you so much!

Loading replies...