Looking for ways to finance commercially zoned property for Res.

[Tip Lee]

Hi guys, 

Looking for some suggestions on how to potentially finance a commercially zoned property (mixed use) for a primary residence. Realtor told me lenders will not finance the property as a residence, only as a commercial. The seller may be interested in carrying the note, but is older and is leaning towards just wanting out of it. Any suggestions other than going with a straight commercial loan? 

Plan would be to live in this space and potentially build or add on a rental. 

Thanks for the help. 

[David Gonzalez]

Would be easier to use creative financing instead of changing the legal use of the Property. If it's not zoned residential you won't get a residential loan.