.: An appraiser's word for 7 is functional obsolescence...

Cash offers are often particularly appealing to sellers because they eliminate the uncertainties that come with financing, such as loan approval or appraisal issues.

Interested in learning more about the Sacramento market, feel free to DM me.Purchase Price: $882,250Rehab: $260,000Holding Costs: $60,000Appraised: $1,300,000Gross Rents: $6,800 Have 1.2 into the project and it only appraised at 1.3??

Quote from @Drew Sygit:My apologies w/my earlier post (below), I was on my phone and not laptop so it wasn't tagging.I will if I may add some additional thoughts...1) The appraisals I've seen in these markets are no where near Zillow estimates. 

I could purchase it for $60000 and it appraises at $110000 as is.

This ensures you have a proof of concept to show the commercial appraiser.  

It will only appraise based on comps of similar residential properties.

Was the buy-back price contingent on an updated appraisal?

There needs to be someone similar to Always Marco on Youtube with the MLMs where you have someone exposing gurus who sell ******** courses.If you want to legitimately learn wholesaling, stop wasting money on ******** courses, and pay for such things as hiring an attorney to properly set up contracts, hire people to do inspections and appraisals, and hire CPAs to make sure that your business operates properly.

Do you also remember appraisal value?