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Updated about 5 years ago, 10/11/2019

User Stats

47
Posts
6
Votes
Jake Engle
  • Real Estate Broker
  • Pennsburg, PA
6
Votes |
47
Posts

When to have appraisal completed for BRRRR property

Jake Engle
  • Real Estate Broker
  • Pennsburg, PA
Posted

The rehab on my BRRRR Duplex that I purchased is nearing completion. I am 2 months into my 6 months of seasoning before I can refinance on the new appraisal. One question I have is when should I be having the appraisal completed? The appraisal is good for 120 days. Should I have the appraisal completed prior to tenants moving in, or should I wait until the units are fully rented? Thanks for any advice you can provide.

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