Duplex Rooming House

[Nyelle Johnson]

Good morning BP

I have been blessed to purchase a 3 story property zoned as a triplex in the Philadelphia Temple area. I am considering Rooming it but idk if i will be able to place a mortgage on it. Which option will be more likely to place a conventional/fha mortgage on?

A: Our initial idea was to keep it one big open house with a main kitchen 3 full bath and 3 efficiencies with kitchen and bath.

B: Now I’m considering two separate units Duplex With the idea a duplex will keep us under the radar with L & I and will allow us the option to place a mortgage on the property to pull the cash value

Unit 1 -First floor and basement

Kitchen/living space

Laundry

Bathroom

Bedroom

Large bedroom (can add kitchen and bath after we get the mortgage if we want)

Basement two beds one bath egress windows

Second Unit-2nd floor and 3rd floor

Kitchen/living area in front

Bathroom

Bedroom

Large bedroom (can add kitten and bath after we get the mortgage if we want)

3rd floor

Laundry

two beds one bath

All advice welcomed