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Updated almost 5 years ago,
Mixed Use Rental Financing - Help!
Hey all!
Looking for help here. So I found a mixed-use rental property for sale in NJ. It's a 2 unit property: 1 commercial and 1 resi. Both of them are already in lease (the commercial one has been there 17 years!) and the return is fantastic. Minimal repairs needed. I am relatively small time currently dealing with just a few SFH but looking to expand and this property looks perfect.
The problem I'm having is I can't seem to find anyone that will finance a mixed use property. I honestly don't even understand why. Can someone help me understand why I'm having problems, or even better, point me in the direction of someone who can help?
Thanks all!