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 2–4 unit residential investment properties (duplexes, triplexes, and fourplexes).
Underwriting Formula / Rule
Total Qualifying 2–4u Rent = Sum of Unit 1 + Unit 2 + Unit 3 + Unit 4 Market/In-Place Rents.
Wholesale Shelf Benchmark
Up to 75%–80% LTV on 2–4 unit DSCR acquisitions across 45+ wholesale shelves.
Frequently Asked Underwriting Questions
Can one unit be vacant on a 2–4 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 · (480) 485-1229 · quotes@loandaddy.ai). Business-purpose investment properties only.