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Updated over 3 years ago,

Clayton Smith's profile image
Clayton Smith's profile image
Clayton Smith
Pro Member
  • Rental Property Investor
  • from Tuscaloosa
  • Member since Aug 15, 2019
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User Stats

87
Posts
38
Votes
Clayton Smith's profile image
Clayton Smith's profile image
Clayton Smith
Pro Member
  • Rental Property Investor
  • from Tuscaloosa
  • Member since Aug 15, 2019
Connect
Clayton Smith
Pro Member
  • Rental Property Investor
  • Tuscaloosa
38
Votes |
87
Posts
Creative Real Estate Financing

New Purchase Loan based on appraisal not purchase

Clayton Smith
Pro Member
  • Rental Property Investor
  • Tuscaloosa
Posted

I came across a few turnkey single families that are for sale under market value. Is there a lender that will loan based on the appraisal of the property and not the purchase price? They look great except I don't want to lock up that much capital for a long period of time. 

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