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Updated over 5 years ago,

Clarence Harris's profile image
Clarence Harris's profile image
Clarence Harris
Pro Member
  • Rental Property Investor
  • from Gainesville, FL
  • Member since Sep 23, 2019
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User Stats

20
Posts
20
Votes
Clarence Harris's profile image
Clarence Harris's profile image
Clarence Harris
Pro Member
  • Rental Property Investor
  • from Gainesville, FL
  • Member since Sep 23, 2019
Connect
Clarence Harris
Pro Member
  • Rental Property Investor
  • Gainesville, FL
20
Votes |
20
Posts
Mortgage Brokers & Lenders

Will Bank refi ARV 45k house?

Clarence Harris
Pro Member
  • Rental Property Investor
  • Gainesville, FL
Posted

I have found a real estate market where some houses are approximately $10,000. The ARV may be less than 50k. Will banks refinance any appraisal amount? Is there a minimum? In this scenario, 70% is 35k.... would a bank even touch that?

  • Clarence Harris
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