Appraisals & Lenders

[John S.]

I noticed that when I wish to refinance my properties (mostly to follow the BRRR strategy) that the lender always ask if I have made any improvements. They even sometimes ask for the dollar amount that I use.

I'm wondering if any of you had this experience and I'm also wondering if I were to use a dollar amount even higher than my actual costs for the remodel would that mean they would have more push to the appraisal to get a higher number on the appraisal