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Pennsylvania Real Estate Q&A Discussion Forum
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Updated over 6 years ago on . Most recent reply

User Stats

84
Posts
462
Votes
Brandon Penn
  • Rental Property Investor
  • Erie, PA
462
Votes |
84
Posts

Refinancing for 1-4 units using Income approach

Brandon Penn
  • Rental Property Investor
  • Erie, PA
Posted

Hey Gang, I'm looking to get some properties refinanced. Does anyone know of banks (or if it is even possible) that would appraise a 1-4 unit rental property based on cashflow? I deal with mainly higher end units which get phenominal cash flow, but the problem is there isn't a lot of good comparable data. Most rentals in our city tend to be on the lower end of condition. Any advice is greatly appreciated!

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