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Updated almost 8 years ago on . Most recent reply

Kevin Fontleroy's profile image
Kevin Fontleroy's profile image
Kevin Fontleroy
  • Investor
  • from Lee's summit, Missouri
  • Member since Oct 9, 2016
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75
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45
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Kevin Fontleroy's profile image
Kevin Fontleroy's profile image
Kevin Fontleroy
  • Investor
  • from Lee's summit, Missouri
  • Member since Oct 9, 2016
Connect
Kevin Fontleroy
  • Investor
  • Lee's summit, MO
45
Votes |
75
Posts
Private Lending & Conventional Mortgage Advice

BRRR on property valued under 60k

Kevin Fontleroy
  • Investor
  • Lee's summit, MO
Posted

Hello fellow investors. Has anyone refinanced a property in KC(Kansas city area) that was valued under 60k. If so which bank or lender was used? Was it difficult as a full time investor.

I have a property that is valued at 56k and the appraisal is 4k too low to for the visio and lima1 guys. It's rented on a 2 year leas and it's definitely over the 1% rule

Any help would be great!

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