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Updated about 6 years ago, 10/16/2018

User Stats

29
Posts
20
Votes
Jesse Mitchell
  • Investor
  • Peoria, IL
20
Votes |
29
Posts

Maximizing Refi for BRRRR

Jesse Mitchell
  • Investor
  • Peoria, IL
Posted

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!

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