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Updated about 2 years ago,
Office Hack with Multi-Family
I currently own a business in Miami and was considering purchasing a multi-family to use one of the units as our office and rent out the other unit. I've been paying rent for 10 years for commercial space and wish I had thought of this earlier. We have an LLC and would be purchasing residential real estate for office use.
Has anyone done this before? What would be the best loan type in this situation?
Appreciate any and all feedback!