LTV for refinancing 4-unit MF

[Ryan Moore]

Pretty soon I'll be looking to refi my 4-unit MF, which will allow me to pull out almost all the money I have put into the property. I've only spoken with a few lenders, but so far I've only been quoted either a 70% or 75% LTV. Is that the best I can probably do on a residential MF? Or should I be digging harder for a better LTV?

[Matt Vogt]

Assuming you don't live in one of the units, you'll likely only be able to go up to a 75% LTV on a MF.... or at least that's all I've been able to find while talking to lenders and researching online.