Financing in 94112 : Advice

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Frank Sandov…, Real Estate Pro in ,
Frank Sandoval answered:
Is it possible to finance a condo apartment in a 5 unit condo building with 50 percent rentals in San Francisco?
A 5 unit building can not be 50% rentals. As that would equal 2.5 units rented.

Here are some key questions that need to be answered in order to determine which lenders will conside ... more
1 vote Share Flag Mon Mar 26, 2012 Financing in 94112
Rich Bennett, Real Estate Pro in San Francisco, CA
Rich Bennett answered:
i tried to refinance my condo, but we have 23% of building commercial space, so I got denied because of it. Please advice
Hi Inna-

Yes, it's pretty standard for lenders to aloow no more than 20% commercial space as a part of a condo development according to my mortgage broker. How many ;enders have ... more
0 votes Share Flag Wed Aug 24, 2011 Financing in 94112
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