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Updated over 2 years ago,

Rick Gougis's profile image
Rick Gougis's profile image
Rick Gougis
  • Investor
  • from Southwest burbs
  • Member since Apr 7, 2021
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User Stats

8
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6
Votes
Rick Gougis's profile image
Rick Gougis's profile image
Rick Gougis
  • Investor
  • from Southwest burbs
  • Member since Apr 7, 2021
Connect
Rick Gougis
  • Investor
  • Southwest burbs
6
Votes |
8
Posts
Mortgage Brokers & Lenders

Zoning issue with financing

Rick Gougis
  • Investor
  • Southwest burbs
Posted

We are looking at a property that is zoned a 4 unit but only as 3 units. Prior two interested buyers had financing fall through due to this according to the seller's real estate agent.  What issues does this cause? What concerns would a bank have in financing this?

How do we work around that issue?

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