4 Duplexes (8 units total) Considered Commerical or Residential?

[Bethany Spinks]

Hello! I am a newer investor and considering a deal purchasing 4 duplexes. My understanding is that duplexes, tri-plexes and 4-plexes would be financed as residential loans with the bank. Would that still be the case when the total unit count is 8 (4 duplexes), or would I be required to do a commercial loan? I am meeting with my banker to discuss the loan options and structure, but wanted to know in advance whether to expect a residential or commercial loan. I will not be living on the property. Thanks for the assistance.