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Updated over 6 years ago,
Comps for 2-4 units multi family
BP - Doing some research on the BRRRR on 2-4 unit properties. My question is, when you request to refinance the property, what is the appraiser looking at when it comes to comps for a 2-4 unit property? Cap rate? or is it similar to residential/single family comps?
Please provide an example.
I appreciate the help.