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Updated about 5 years ago on . Most recent reply

Nicolas Biangel's profile image
Nicolas Biangel's profile image
Nicolas Biangel
  • Specialist
  • from covington, ga
  • Member since Jul 18, 2019
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Nicolas Biangel's profile image
Nicolas Biangel's profile image
Nicolas Biangel
  • Specialist
  • from covington, ga
  • Member since Jul 18, 2019
Connect
Nicolas Biangel
  • Specialist
  • covington, ga
15
Votes |
60
Posts
Starting Out

Appraisal Question re: Zoning

Nicolas Biangel
  • Specialist
  • covington, ga
Posted

Hey everyone,

I'm putting in an offer on a proper that needs significant rehab; starting the BRRRR method. In talking with m realtor he told me since the residential property is in a commercial zoning, the ARV appraisal would be done based on the income as opposed to the a regular home appraisal based on comps. Is this correct? I double checked and confirmed the property is in a commercial zone.

Thanks in advance!

  • Nicolas Biangel
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