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Updated over 5 years ago,

User Stats

23
Posts
5
Votes
Clint LeClair
  • Investor
  • Ripon, CA
5
Votes |
23
Posts

Looking to BRRR a mixed-use building...need advice, please!

Clint LeClair
  • Investor
  • Ripon, CA
Posted

Hello All, I may have found a BRRR'able mixed use building in Cali...but I've never done a non-exclusively-residential building before. Would the fact that there is a restaurant with the 2 apartments make this a mandatory commercial loan? Does anyone know about seasoning requirements for such a loan? I'd like to pull cash out ASAP for another deal before the end of the year.

If anyone has any references that they can point to as well, I'd appreciate it!  Thank you in advance!