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Updated about 3 years ago,
Four Plex Appraisal
I am currently running into a road block with local bank (DFW area) and our mortgage company that services the loan now. I bought the property just over a year ago, lived in one unit for the year obligation and renovated two units. I am trying to get an appraisal done (knowing I have great equity due to comps nearby) but since I don't live there anymore they want to move me to a commercial adjustable rate mortgage especially if I want to cash out refi. How are you guys keeping a 30yr fixed rate on up to 10 properties? Sorry if this has been answered before. I've looked everywhere and talked to multiple banks.