Owner Occupied Multi-Family Question

[Thomas Shaw]

Hello,

I was considering living in one unit in a 9-unit apartment. Since these are valued based on income, would it be possible to pay myself rent to represent the fact that this apartment should/could be valued at 9 units, rather than having income only coming from 8 units and lowering the value?

[Patrice Penda]

@Thomas Shaw
The answer to your question is Yes!
Even though you could be occupying one of the units, the valuation of the apartment building is based off the rental income all 9 units would produce.