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Updated over 5 years ago,
Rate & Down payment higher for 1 vs 2 unit property?
Hi guys! I am looking at investing in a single family home that is rented separately from a garage studio. It is zoned as a duplex. Is this property considered 1 or 2 units by a lender? Also is the rate and downpayment higher for an investment property that is 2 units rather just rented as 1 unit?
Thanks!