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Updated almost 15 years ago,
Definition of MFR in Kentucky
Hello!
I was recently advised that purchasing a 4 unit apartment in Jefferson County KY requires "special" financing and a 30% down payment. I have been searching to find KY's definition of a multi-family residential but can not find it. I was doing research under the impression that 4 units or less would be a MFR and I could get a regular fannie mae/mac mortgage on it.
Please point me in the right direction!
Thanks