Updated over 8 years ago on . Most recent reply
line of credit apprasials on rental houses
So when I do the BRRRR strategy and get back my appraisals and the 85% line of credit from the bank. I'm very happy with the numbers but in my eyes I think would be really hard to actually sell the property's for the appraisal value they gave me or even the 85% line of credit I get back. I just make them nice enough to rent. I worry a little bit that I'm digging my self a hole or are the banks actually giving me what the properties would sell for or are worth?