A mixed-use property is a single building that houses both commercial and residential spaces. For instance, you could have a coffee shop on the lower level while the top level is an apartment for rent.
Use the lower level for your business while you live in, or rent out the top level.
Diversify Your Income Stream
By owning instead of leasing, you can earn from your business and the property. Pro tip: You can use a residential loan to finance a mixed-use property.
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