BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Maximise Appraisal Value
Hey BP friends,
I'm about to close on a property in CA which I'll be using for AirBnB. My partners and I bought it all cash and, before we refi, we want to do what we can to maximize the appraisal. The market is hot, but never too hot to try a BRRRR.
I'm looking for advice on how to determine our options for optimally increasing appraisal value. If $20k for a new kitchen would raise the refi appraisal by $35k, it might just be worth it! Especially given the short term rental strategy.
Thanks,
Mark