Appraisers are tightening their standards

[Josh Bowser]

Hey BP - wanted to share a brief anecdote on the Atlanta market.

Over the past few weeks we have been seeing appraisals on turn key investment properties and value adds come in lower than we would have expected. Two months ago, these properties would likely have not had an issue appraising at or over contract price.

Anyone else seeing this in Flip or BRRRRR land?