Jan
17
Can I buy a commercial property as a residential property?
By
I am interested to buy a property for my retirement in a remote area so I can reside there. The part of property has commercial area which is a casual restaruant and an antique shop, but the majority of the property is a house. Also, I have no intention of running any of business but I would like to lease them to tenants. Can I still get a loan as a residential mortgage?
Thank You for reading my questions!
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3 Comments
September 20th, 2009 at 7:36 pm
I think that you cant, if it has been declared commercial, they will sell it as commercial, it will be more expensive thought.
September 22nd, 2009 at 9:19 am
i am reading your question about buying commercial property as a residential property…………….!
You can get your best solution from
September 23rd, 2009 at 7:04 pm
You can get a loan, but a commercial one, not residential.