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Updated about 2 hours ago on . Most recent reply

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Sean Spagnola
5
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7
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Most valuable renovations for refinance

Sean Spagnola
Posted

What renovations bring the highest after repair value? Best bang for your buck, so to speak?

Ideally looking to refinance and pull cash back out after rehab.

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795
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Ko Kashiwagi
Pro Member
  • Lender
  • Los Angeles, CA
388
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795
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Ko Kashiwagi
Pro Member
  • Lender
  • Los Angeles, CA
Replied

Agree with above. The interesting thing is appraisers don't often realize or give huge credit a new plumbing, new electrical, new HVAC despite these items being very expensive. That's not to say these items shouldn't be fixed but they are repairs that beginner investors tend to not realize isn't adding that much to the ARV.

  • Ko Kashiwagi
  • 310-848-9776
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