Is it possible to get an investment loan for mix-used blvd?

Oakland, California
Oakland Real Estate Forum
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Is it possible to get an investment loan for mix-used blvd?

James Sansangasakun
Investor · El Cerrito, CA · Member since 2016 · 4 posts · 3 votes

Hi,

I am looking to buy the mix-used triplex in Oakland, one 3 bed 1 bath, one 1 bed 1 bath, and an office. My broker said it needs an owner-occupied or a business occupied to get a loan. Any advice for the alternatives?

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  • John Warren
    Real Estate Broker · 3412 S. Harlem Avenue Riverside, IL 60546 · Member since 2015 · 6k+ posts · 5k+ votes
    7y

    @James Sansangasakun you can get a commercial loan for a property like that. I am not sure why you would be running into trouble on it. 

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