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Updated about 6 years ago,
Mixed Use Zoning, Multi-Family Use
Hi All, we're looking at a property that is zoned mixed use commercial/residential, but is currently being used as a full multi-family building with 3 units in it.
We're currently waiting on financing from the bank, but I'm wondering if anyone knows whether or not this will be financed as commercial or residential or a mix, and if anyone has suggestions for a lender that will finance it as residential. We want to keep our down-payment/interest rates as low as possible for the deal to make sense so financing as commercial may be a deal-breaker.