You will then have to refinance with a commercial product or pay it off.

Home loans for second homes have high rates.Commercial multifamily loans have rates that are similar to SFR owner occ.If you bundle 3-5+ STRs together, you can get such a commercial loan on them, as a refi.

Doing the numbers on a commercial property value calculator, without debt service I will be at at a valuation of $3,026,400. 

I am interesting in a small (brand new) commercial condo, and when I entered for a viewing the floor had been slightly raised up (I think because of the basement) and there was a long ramp up the side of the room. 

They switched our loan to a hybrid commercial loan and said it would work for non-warrantable condos - IT DIDN'T.

There are tons of REITs in the commercial sector of senior living. 

In theory, it should be possible suck up water with a wet vac and then dry quickly with booster fans and a commercial dehumidifier (we keep a set of equipment around for that purpose) before the carpet develops an odor.

Investment Info:Large multi-family (5+ units) commercial investment investment.

I specialize in lessors risk and commercial policies in TX and live in the galleria area.

My MLS system (FLEXMLS) allows us to set the criteria first by Residential, Commercial, Land, Residential Income.