Creative Ideas to finance two separate parcels

[Mat O'Grady]

Hello Everyone,

I am looking at purchasing a five unit property that is being marketed for sale, but they are actually two lots. I spoke with the commercial lender I have used in the past. She said that with the two lots together, it would need to be a commercial loan. She doesn't think I can do it separately.

The property is definitely two separate residential lots. One has two single families and the other lot has three single families. I'm looking to get the best rate possible for financing the purchase of the property. I was thinking that since they are both residential lots,that I should somehow be able to get two separate residential loans on it. 

Any thoughts or strategies? 

Thanks.