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Help! How do I properly determine the value of this property?
Hi guys,
I have a question about the value of a property. I understand that large multi-family properties (5+ units) are appraised differently from small multi-family. What about three duplexes (6 units) in the same street but not side to side? Will they be appraised based on income producing or comps? They will be financed on the same loan.
Thank you!