Even if you intend to use a property for income (like renting out all units), a building with can often be financed with a residential loan (specifically a "buy-to-let" or standard investment mortgage) rather than a commercial one. 3. Using Home Equity for a Commercial Purchase
However, there are a few specific scenarios where the lines between residential and commercial financing can overlap: 1. Mixed-Use Properties (Residential + Commercial) buying a commercial property with a residential mortgage
While the mortgage on the commercial property must be a commercial one, you can use your to help: Even if you intend to use a property