Posted by Tyler Crandall on August 11, 2003 at 09:28:57:
I just bought a house and turned it into a B&B. I simply did not let the bank know that I was going to convert the house to a business. Get the good financing as a SFH, and convert after. Ask zoning about converting to make sure that they will allow the conversion. Just remember, don’t tell the bank or appraiser.