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Updated over 3 years ago on . Most recent reply

Hunter Hartman's profile image
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Hunter Hartman
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  • from Ladera Ranch, CA
  • Member since Oct 12, 2020
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Hunter Hartman's profile image
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Hunter Hartman
  • Investor
  • from Ladera Ranch, CA
  • Member since Oct 12, 2020
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Hunter Hartman
  • Investor
  • Ladera Ranch, CA
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Private Lending & Conventional Mortgage Advice

Commercial loan question

Hunter Hartman
  • Investor
  • Ladera Ranch, CA
Posted

I own a 6 plex mix-use with a commercial loan. The triplex next door may come available, can I purchase it and add it to the commercial loan?

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Eric James
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  • from Malakoff, TX
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Eric James
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Eric James
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Eric James
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  • Malakoff, TX
Replied

If it's adjacent you might be able to refinance to a single loan for both properties. But since this would involve a refi with closing fees anyways I wouldn't see the point of doing so.

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