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bed and breafast as residental

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Money Talk > Real Estate

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Jdhott
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bed and breafast as residental  Reply with quote  

My mom is trying to buy a bed and breakfast that is zoned both residental and commercial. She needs to buy it residental to get a better loan. But no one will give her a residental loan since it it surrounded by commercial properties. I say that yet there are residenal houses in that area also. How do we go about getting a loan for residental?
Post Wed May 30, 2007 7:29 pm
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coaster
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If she's intending to operate a bed and breakfast wouldn't applying for a residential loan be misrepresentation?

~Tim~

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Post Wed May 30, 2007 10:25 pm
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