BRRRR question regarding appraisals

[Mark DiPietro]

We are finishing up the rehab on a property and I have a general question about the appraisal going forward.

I realize you have to pay out of pocket here, but, should we get an appraisal before going to refinance the loan so we know how much to ask for (or how much we should be able to get); or, wait for the bank or loan company to get their own appraisal (which I know we also pay for) and work from there?

Any input would be greatly appreciated.