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Updated almost 15 years ago on . Most recent reply

Chris R.'s profile image
Chris R.'s profile image
Chris R.
  • Member since Dec 3, 2009
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Chris R.'s profile image
Chris R.'s profile image
Chris R.
  • Member since Dec 3, 2009
Connect
Chris R.
3
Votes |
38
Posts
General Landlording & Rental Properties

Definition of MFR in Kentucky

Chris R.
Posted

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

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