Personal to Business Purpose

We had a bridge loan in which the customer bought new residence but had not sold old residence.

The old residence has not sold and we are now looking at a new loan to put the old residence on payments.

Do we treat this as investment property; i.e. commercial loan?

What makes the fact that a person owns two homes a business purpose?

Thanks!

For what purpose(s)? Are you concerned with something other than the consumer protection regs?