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Updated over 3 years ago on . Most recent reply

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Commercial to Residential financing

Tashaun Williams
Posted

What's up guys Tashaun here again with a question,

So my realtor let me know about a commercial property (Duplex) that she has coming on the market pretty soon, the current owner uses the bottom floor for his law practice, and the upstairs unit is not being used but has been left alone for regular live in use. My realtor believes that it can easily be reconverted to a residential property. My question for you guys is since I want to convert the property back to residential would I still have to finance the property commercial or would I be able use a traditional residential lender? Thanks for the help!

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