Financing Options for Residential Property that is Zoned Commercial

Financing Options for Residential Property that is Zoned Commercial

Question: Hi Beau, I own a single family home that is zoned commercial. Most lenders are asking for a burn down letter but the county will not issue one. Any options? Thanks Cory

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Timestamps:
(00:01) Cory asks about financing options for a single-family home zoned commercial but lacking a "burn down letter."
(00:50) The possibility of finding lenders willing to work with such properties, subject to specific requirements.
(01:01) An alternative to a burn-down letter.

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#Residential Property #commercialrealestate #FinancingOptions

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

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