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Updated about 8 years ago,
Building is Commercial Zone / I wanna live in property/rent out
Property is zoned commercial. The property is 2 average home lots in a neighborhood. Both neighbors are zoned residential. I want to purchase the property to live in and possibly rent out in the future.
Its in Dallas Tx.
Can I live in it as a commercial property/rent it out?
How will the loan be structured if i bought it as commercial? Could i get a loan for owner occupant for a commercially zoned property?
Would i be able to change the property to residential easly?
Anything else you know about this situation would help!!
THANKS BP!!!!