Builder/Broker has been renting out all 4 units. Commercial space is currently law offices and both upper level residential units are renter occupied. The unit I’m looking at has the lease up and the tenant moved out and the builder/broker is selling it. When I asked last week they do not have a HOA yet since all units has been rental but they will come up with HOA arrangement for the sale.

It is in a residential neighborhood and I don’t see any similar properties the bank can use for comp. Is it normally more challenging to get a mortgage for a residential unit with commercial units attached?