Financing for two homes on one property

[Jared Townsend]

I am looking at making an offer on a property that is zoned for single family but has two SFH dwellings on it. I am concerned though that after stabilizing it the property may not appraise high enough due to a lack of comparable properties nearby. How have y'all handled this in the past? Does anyone have a recommendation for a lender that can handle this type of property? Its in FL by the way.

Thank you!

[Tyler Weaver]

It probably will have a hard time appraising for what 2 SFRs on individual parcels will.  

I would go to your local zoning department and see what can be done about it.  Perhaps you can reparcel the land into 2 separate deeds simply by getting it appraised and submitting the legal description.  Perhaps there is an appeals process that it must go through.