No appraisal fees.

.* My insurance carrier does not accept escrow payments, so I would need a solution that wouldn't require escrow or something creative with the escrow.Property Details:Duplex located in Wisconsin (city of approximately 9,000 people)Purchase date:  05/10/2024Purchase Price:  $85,000Rehab:  $31,000ARV:  $140,000 (still need to have appraisal completed - this is based off of my comps)Projected rent:  $1,450 / month (just listed so no leases yet. 

He meets appraisers, GCs, investors, anytime at any house. 

Currently, it is at about 77% LTV, based on the appraisal. 

Advantage will be a higher ARV (flip) or appraisal (BRRRR), but you still have to buy right to make any money. 

Assuming the property is appraised at $650,000.00 I am hoping the equity will get my LVT to 75% eliminating the PMI, adding to the potential cash flow when I go to rent and then putting that cash flow + personal savings away to raise capital to buy another piece of property.I realize that in order to buy my next piece of property I will want to put down 20% to avoid PMI and a high mortgage but saving 20% for a piece of property in my area is going to take some time due to the high price ranges $500,000-$700,000.

Questions on risks/liabilities: 1) Will the appraiser appraise it as a 2/2 2) How will insurance view it?

@David Paul Get a couple of BPOs and an appraisal.

I haven’t had the house appraised, but I’m guessing we have around 150k in equity. 

The conventional mortgage lender sent an appraiser who realized that there is an issue.