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Updated almost 4 years ago,
Appraisal: Income vs Comps
Buying a fourplex that I would like to rehab. When I go to refinance are appraisers going to be looking at income or comps? I know it would appraise much higher if they are looking at income. I don't want to put too much into the rehab if I can't get it out. Any knowledge on this? Thanks!