The classification of real estate, such as single-family residence, condominium, townhome or 2–4 unit property.
Put this term into context.
Use related guides, calculators, and magazine features to see how this concept affects real home-equity decisions.
Related Education Guides
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Investor HELOCs should be evaluated through the economics of the rental property and the lender overlay, not through owner-occupied assumptions.
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Read guide →Related Magazine Features
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Read feature →Short-Term Rentals and DSCR Financing
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A hypothetical portfolio-growth case study showing how existing rental-property equity may help support future acquisitions or improvements.
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