Hi All, Going through a cash out refinance for my primary property so I can use it for investment, I'd like to understand the pros and cons of the different appraisal approaches and how it can impact the appraisal of my property.

Just be sure it benefits both parties before approaching them with the opportunity.Another option could be hard money.

Yeah man, if you’re looking at a B/C grade 14-unit multi-family and can make the rehab numbers work with your expected ARV/Value based on the income approach, you could see some crazy equity gains much quicker compared to waiting for appreciation on your 4-plex. 

Robert, I follow your level headed approach.

I still think wholesaling is a viable option, I think that wholesalers just have to adjust their thinking/approach in order to continue being successful.

., I appreciate your conservative approach.15% combined (7.5% each) for repairs and CapEx is probably enough.I haven't talked with a HML lately, but I was seeing rates of 12% and 2 points.How much can you push on the purchase price?

I always take the "can I live with the worse-case scenario" approach. 

I am considering refinancing one or two of my properties in Downtown Allentown (not by Hamilton) and I was curious to know what range you had seen appraisal come back by unit for a multifamily lately.My latest came back at $49.5k unit and $61.5k.The appraisal always details different approaches: per sf, per unit, per bedroom, and per GBA then they show the sales comparison and the rental income approaches but it seems the result can vary greatly depending on the appraiser.Stay safe

Just a thought.In a time of panic in any market, those that take a calm and long-distance approach will always win.

The conventional approach is to try and sprinkle your lease renewals throughout the year.