I feel like I might even come out ahead on the appraisal after the build is complete and walk away with my initial investment ?  

House 3 is worth 280k(Appraised for 287k in May).

What would help the community is for you to share as much info as you are comfortable, but the appraised values, current loan balances, and the current rents would be a good start. 

I know MLS listings aren't guaranteed accurate, but getting the acreage, city and zip code wrong is hard to swallow as an honest mistake.We have a financing contingency, so if it doesn't appraise for the contract amount due to the lower acreage and different city/zip, we can renegotiate purchase price.

The guidelines will also tell you what the no-nos are.2) Is there an appraisal? 

In addition lower rents will decrease the value of a property, not necessarily its appraised value, because no buyer will desire to pay retail for properties with reduced cash flow.

Similarly, is an appraisal required?

I think it should appraise for at least 600k and think 650k is reasonable.It’s fully renovated and fully leased for $5,200/month.I’ve reached out to banks to see if I could use cross collateral to be my equity contribution but at least so far they’ve also wanted 10% cash.I’d like to avoid coming out of pocket with cash.I was wondering if you had creative ideas on how I might be able to get this financed 💗

•Consider a cash-out refinance with a lender that focuses more on the property’s appraised value instead of just the income.

Nothing worse than ordering the appraisal and credit and then realizing your loan won't work for that particular lender because of reserves or seasoning or an equity stake that didn't get taken into consideration.All the bestStephanie