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Updated about 6 years ago, 10/16/2018
Maximizing Refi for BRRRR
Morning BiggerPockets world.
I am currently on the first R and trying to plan my renovation in a way that maximizes my appraisal ( as expected)...
I have the opportunity to save about a grand on my rehab by having a used HVAC system installed. It is a 7 yr old Lennox system and the new option for a grand more would be a GMC unit. So my question to anybody out there is how much weight would a new HVAC have on the appraisal vs a used HVAC? I personally feel that the Lennox still has a better long term usage than a new GMC but as I said, right now the main goal is maximized appraisal price.
Thoughts?
Thanks!