All Forum Posts by: Basilio Morales

ps. Sometimes investment property appraisals tack on an extra $100 or so for the property’s rental income estimation if they are going to count the property’s rental income towards helping you qualify for the loan.

Ok that make sense, thanks for the reply.

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Originally posted by @Brandon M.:

Yes $450-475 is more reasonable here but in most cases the lender won’t let you pick an appraisal, they order it from one of the appraisers they work with.

Yes they wont, Thanks for the reply

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Originally posted by @Tom Parris:

The appraisals on my past Alta statements have ranged from $450-$600.

Yes i m more use to see it around $450 but i guess i will have to do it. Thanks for your reply.

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Hi everybody, I’m in the process of buying my first investment property. I’m doing it the traditional way with a mortgage. My lender is Charging $600 for the appraisal, does this sound high to you guys? It sound high to me. By the way it is a single family home in Tampa, fl.

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Thanks Adrian Smude for your reply i will.

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Hi i been looking for my first deal in the Hillsborough county, fl area for two month now and nothing yet. My question is what else can i do (other than searching online and driving around) to find my first deal? Thanks for the reply.

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Thanks Judy Raymond for your reply.

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Hi im new in the flipping business i just have a question, how do you guys pay a contractor when doing a rehab? do you pay all at ones or pay by hours? sorry for my ignorance and thanks for the reply's.

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All Forum Posts by: Basilio Morales

Basilio Morales has started 3 posts and replied 8 times.

Post: Property appraisal price

Post: Property appraisal price

Post: Property appraisal price

Post: Property appraisal price

Post: Looking for first deal

Post: Looking for first deal

Post: contractor

Post: contractor