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Updated 8 months ago on . Most recent reply

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Ruth G Rodriguez
  • Investor
  • Seattle WA
0
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Navigating Back-to-Back Purchases of Commercial and Personal Property

Ruth G Rodriguez
  • Investor
  • Seattle WA
Posted

I am closing on my first commercial property (under an LLC), which will be owner-occupied for our business. I am also planning to sell my home and purchase a new one, hopefully within this year. Is it feasible to finance both properties simultaneously, or should I wait until next year to sell and purchase my personal home? I'm unsure how owning this commercial property will affect my financing options for the personal home. I hope this makes sense.

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