Non-Commercial Multifamily Refinance Question

[Corey Dickens]

I have a question about multifamily properties below 5 units.  Is the property assessment for cash out refinance looked at from a residential perspective or as a true multifamily perspective?  The level in equity is very different depending on how these asset is perceived.

[Greg Downey]

@Corey Dickens. Common misconception, multiple units does not mean that a property is multifamily. 1-4 units falls under the same rules as SFR. 5+ units is Multifamily