BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago, 01/21/2020
Nice Home in a Rough Neighborhood Appraisal?
It's just a quick question. I was wondering how nice homes in rough neighborhoods would be appraised for a refinance. I came across a property with a lot of potential that I could possibly BRRRR. The only problem is that it's in a rough part of town. Should I pursue this or not and how would it be appraised?