BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 5 years ago,
Using the bank's appraiser early in a BRRRR deal to determine ARV
Hey BP,
Has anyone ever been able to use the appraiser or appraisal company the lenders use early in the BRRRR process to determine what they believe an ARV would be?
Seems to me this would be a good way to know with a degree of certainty what your project will appraise for. Is it professional to just flat out ask the lender for the name of the appraiser they use?
Thanks.