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All Forum Posts by: Ludwig Koeneke

Ludwig Koeneke has started 1 posts and replied 3 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Appraisal before rehab

Ludwig Koeneke
Pro Member
Posted
  • Posts 3
  • Votes 2

Yes I did! I checked comps and all the rest. Bought for 30% under asking price. Getting rehab started now. Pretty excited!

1 Vote
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Appraisal before rehab

Ludwig Koeneke
Pro Member
Posted
  • Posts 3
  • Votes 2

Yeah exactly. Just wanted the opinion of more seasoned investors. Thanks I appreciate the responses!

0 Votes
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Appraisal before rehab

Ludwig Koeneke
Pro Member
Posted
  • Posts 3
  • Votes 2

Hello everyone,

I'm brand new here. I'm starting my first BRRRR project and just closed on a property using cash. Since I bought cash, I didn't get an appraisal. Is it a good idea to get an appraisal before AND after the rehab/refinance stage? What do you guys think?

1 Vote