Multi Family Home.....

**aikenrea** · 01-25-2007, 07:07 PM

I am a very new agent and I have client that is very interested in finding and purchasing a multi-family property. They want to live in a portion and rent out the rest. I will be working as their buyers agent. What type of things do I need to keep in mind while going through this process?

**TJ2007** · 01-25-2007, 07:25 PM

I guess the main thing that comes to mind is to make sure they are being realistic about financing:

Generally Loan-to-values are lower on mulitfamily properties, and anything over 4 units will likely be considered a commercial deal...