Legal & Legislation
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 6 months ago,
Hard Money lender INFLATED APPRAISAL
I worked with a wholesaler that has a subsidiary lending company. I used them and I paid for a ARV appraisal to determine the amount borrowed. It looks like the appraisal was inflated for more than $40k on 2 properties that I bought to FLIP. I called the lender and ask if they used an AMC and said that they used an individual appraiser. I lost over $40k on one of the properties already. How and who should I go after?