Two homes on one parcel of land

LWelch · #1 (**permalink**) 08-07-2006, 09:35 AM

Anyone know of someone who will lend on a house and singlewide on same parcel of land?

Thanks
Lisa

Erik · #2 (**permalink**) 08-07-2006, 10:53 AM

Singlewide makes it a bit different, but if on a permanent foundation I think you should be able to take it conforming as long as there is a single tax ID and it is zoned for a duplex.

Greg · #3 (**permalink**) 08-07-2006, 03:30 PM

I have a feeling about the nuts and bolts of this story....

Let me see if I am right...

Mom and Dad live in the house and son or daughter stuck a single with no foundation on the property...???

Greg · #4 (**permalink**) 08-07-2006, 03:31 PM

By the way what state is it in.... :-)

LWelch · #5 (**permalink**) 08-07-2006, 05:16 PM

It is in Virginia. It is a purchase deal. I had realtor call ask if I knew a lender that would do this before she makes a listing. Would this be considered mixed use, since you could live in either and or rent one of them?

Thanks
Lisa