@Tyler MartinI will dare to challenge your approach.

I understand that the credit agreement, loan doc, etc. will have defined terms that would most likely answer this question, but for now, let's ignore any comments about reviewing the loan docs.Has anyone ever tried this approach? 

I will be sure to apply it, quality of quantity is almost always a smarter approach!

Most appraisals for multifamily include the income approach to value, so you can estimate how much value it will add.

My post was more tongue in cheek but here you goMerrit- Since 1970, the population of Milwaukee is down 20% while Austin is approaching a gain of 400%. 

The evidence, points that, they went to smoke outside of the house(they don't smoke inside), and tossed a cigarette causing the fire, as the first started, right by the front porch.How would you approach this?

The approach to invest in a single-family propertyis critical in that you must evaluate your options and make a decision based on proen success in the past years .

Note if you use the equity approach, you will also have to take a negligible few grand cash out to show a derived benefit for the refi. 

I approach my lender for a loan. 

Hello, All

My name is Kelvin McLaurin, I’m a design engineer in the Greenville, SC area.