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All Forum Posts by: Carlos Enriquez

Carlos Enriquez has started 10 posts and replied 191 times.

Starting Out

Post: Multi-Family Financing

Carlos EnriquezPosted
  • Santa Rosa, CA
  • Posts 191
  • Votes 75

Jesse,

Yes, any four unit or less multi family property is considered residential, and 5 units+ is considered commercial. Commercial is more advantageous in as much that the NOI (Net Operating Income) is utilized in increasing the value of the property whereas in 4- residential units only go by the surrounding comps only. There's more to it than that, but I simplified it for this purpose.

0 Votes