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Updated about 1 year ago on . Most recent reply

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Josh Casari
1
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3
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How to Finance Two Separate Houses One Deed?

Josh Casari
Posted

Looking for a conventional loan to accommodate a property with two separate houses on one deed.

- Property receives one set of taxes

- Both houses are approximately the same sq ft. (1300)

- Two single-family homes, not attached (two different addresses)

- Property size 0.45 Acres

- Township won't allow subdivision unless each house sits on 0.5 acre lots

- Will reside in one house upon purchase, and will rent out the second house

- One house currently rented out for $1,400 a month with a one-year lease

- Purchase price $260,000

Looking for ideas or best ways to finance this type of property!

Thanks in advance!

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