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Updated 11 months ago,
Tips for getting appraisals high
I buy in Birmingham where okayish properties list for 50k, can be rent ready for 2-5k, and have ARVs of 80-90k.
If I can put 5k in and get the appraisal to 85k that will allow me to be front end profitable on rentals after refinance.
Do you guys have tips on getting a great bang for your buck appraisal-wise? I almost need to please the appraiser more than the tenant. Putting in 15k+ wouldn't work, I'd be negative on the front end.