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Updated about 3 years ago,

User Stats

360
Posts
323
Votes
Ryan Cleary
Agent
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
323
Votes |
360
Posts

Appraisal for cash out refi during end stages of turnover

Ryan Cleary
Agent
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
Posted

I am in a rush to do a cash-out refi on a particular Florida property I have.  Currently, the 2-unit has one unit rented and one unit in an extensive turnover with several new appliances being installed.  The rented unit has some issues with the kitchen cabinets but is otherwise in decent shape, the cabinets are set to be replaced in a month or two.

Comps in the area are higher than I expected, should I wait to order the appraisal till after all work is done?

  • Ryan Cleary
  • [email protected]
  • 561-850-8229
  • Loading replies...