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Updated over 5 years ago,
Calculating ARV for a Triplex for refinancing?
Since a triplex is a small multi family unit and falls under residential lending, how does one go about assessing the ARV when it comes to figuring out what number to use for refinancing?
I've heard for larger (5+) units considered commercial it's purely NOI/Cap Rate, but what do I do for something like a triplex which are harder to find comps?