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Updated almost 3 years ago,
Refinancing and Forcing Appreciation
Hello, I'm in the process of buying a few single-family homes in Ohio and I intend on holding them and renting them all out. These homes are more turn-key so minimal work to practically no work needs to get done to the home before a tenant moves in. Are there such banks that will do a refi after the tenant moves in, in about a month or so? and if so if there is a tenant in the home paying over market value in rent, do appraisers take that into consideration and have the home appraise for a higher value, even if we closed on the home a month prior?