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Updated over 7 years ago,

User Stats

706
Posts
171
Votes
Joshua D.
Pro Member
  • Rental Property Investor
  • Pittsburgh, PA
171
Votes |
706
Posts

line of credit apprasials on rental houses

Joshua D.
Pro Member
  • Rental Property Investor
  • Pittsburgh, PA
Posted

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?

  • Joshua D.
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