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Updated over 18 years ago on . Most recent reply

Mark Beekman's profile image
Mark Beekman's profile image
Mark Beekman
  • Investor
  • from Phoenixville, PA
  • Member since Jan 6, 2008

User Stats

257
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18
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Mark Beekman's profile image
Mark Beekman's profile image
Mark Beekman
  • Investor
  • from Phoenixville, PA
  • Member since Jan 6, 2008
Mark Beekman
  • Investor
  • Phoenixville, PA
18
Votes |
257
Posts
Starting Out

How do they appraise multi-units?

Mark Beekman
  • Investor
  • Phoenixville, PA
Posted

I need a certified bank appraisal in order to get a mortgage ona an 8-unit apartment building. Anyone know how they appraise these? Do they simply appraise it by square footage and location like a single family home or do they factor in the rental income and the fact that it's an investment property?

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