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Updated over 5 years ago, 07/11/2019

User Stats

9
Posts
2
Votes
Josh V.
  • Ventura, CA
2
Votes |
9
Posts

Appraisal on duplex where 1 side is updated

Josh V.
  • Ventura, CA
Posted

The plan would be to keep the rented side as is until the tenant decides to move (assumed to be years from now).  Rehab current vacant side, rent it and refinance.  The question mark being would an appraiser give 50% at 'as-is' value and 50% at comp rates?  Is this common where sides are not equal? e.g. would I be rolling to dice on the appraisal?

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