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Valuation & Appraisal ยท Institutional Underwriting Standard ยท salesagentai.com

Form 1025 Small Residential Income Property Appraisal Report

Bottom Line Up Front (BLUF): Form 1025 combines the physical valuation and comparable unit-by-unit market rent schedule for 2โ€“4 unit residential investment properties (duplexes, triplexes, and fourplexes).
Underwriting Formula / Rule
Total Qualifying 2โ€“4u Rent = Sum of Unit 1 + Unit 2 + Unit 3 + Unit 4 Market/In-Place Rents.
Wholesale Shelf Benchmark
Up to 75%โ€“80% LTV on 2โ€“4 unit DSCR acquisitions across 45+ wholesale shelves.

Frequently Asked Underwriting Questions

Can one unit be vacant on a 2โ€“4 unit DSCR refinance?

Yes, most wholesale DSCR shelves apply the Form 1025 market rent to vacant rent-ready units.

Arranged by Loan Daddy LLC (NMLS #2827624 ยท (480) 485-1229 ยท quotes@loandaddy.ai). Business-purpose investment properties only.

Form 1025 Small Residential Income Property Appraisal Report โ€” Definition, Formula & Wholesale DSCR Guidelines | salesagentai.com