4plex on 4 different tax lots

[Rodney Harris]

So I am trying to buy this fourplex to move into.

They were all assessed separately and on 4 different tax lots. I talked to the city and they sent me a paper I could send to combine them. One problem, I can’t get them combined until new tax values come out in March but most likely April!

I want to buy the whole building as one loan, I do not want to pour in 5 to 6 figures on 4 units. I would rather put a low down payment on it and move in!

Has anyone ever been in this situation I’ve talked to brokers and bankers they keep telling me i have to fha one unit and investor loan the others!

Any advice would be appreciated!