Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Appraiser says can't use income approach on FHA HELP
An appraisal is today. He has warned agent to not be surprised if it does not appraise high enough due to no comps (small town). He says he is not allowed to use income approach per FHA.
I looked in the single-family FHA guide and it sure does talk about using it. This is multi family but don't see why it would be any different.
Any help?
Any links ?
Thanks!