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Updated over 8 years ago, 06/20/2016
Seller asking for Commercial Financing on 3 Unit?
Sent over a P+S agreement to the seller (through our brokers), which was verbally accepted, but the seller didn't want to deal with my big-named bank (I've already secured a conditional approval from them on a residential investment property).
This unit is a 3-unit property.
In the new Purchase and Sale agreement the seller is requiring a commercial loan.
Is it even possible to secure a commercial loan on a 3-unit property?