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Updated almost 4 years ago,

Michael Valenzuela's profile image
Michael Valenzuela's profile image
Michael Valenzuela
  • New to Real Estate
  • from Texas, United States
  • Member since Nov 12, 2020
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User Stats

17
Posts
2
Votes
Michael Valenzuela's profile image
Michael Valenzuela's profile image
Michael Valenzuela
  • New to Real Estate
  • from Texas, United States
  • Member since Nov 12, 2020
Connect
Michael Valenzuela
  • New to Real Estate
  • Texas, United States
2
Votes |
17
Posts
Buying & Selling Real Estate

Appraisal problems again

Michael Valenzuela
  • New to Real Estate
  • Texas, United States
Posted

I am under contract to buy these 2 SFH that are currently being rented out. Had the inspections done and nothing major came back. We planned on going in and spending 10-15k to bring property up to par. The appraiser is saying the property is C6, which is not eligible for conventional mortgage. Any advice on how to proceed? Again, the property is being leased currently.

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