Will this appraise as a 2/2 or 3/1?

HELOC appraisals are notoriously low, just part of the game. 

Develop relationships with contractors you’ll need; attorney, appraisers, loan officiers, brokers, inspectors, etc. 5.

The value will be determined by an appraiser hired by the lender.

In order to secure the property, we had to offer 10K over asking with the hope it wouldn't appraise.

They took our appraisal fee and our application fee and shut the door in our faces.

In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).

I went through the process, and everything seemed to be in good shape: the inspection came back clear, the appraisal was spot-on, and I was excited to get my first tenant in May.That’s when the problems started.

I'd sell or let her buy you out at fair market value as determined by an appraisal if she wants to keep it.

There are lenders who can do a cash out refinance for the new appraised value after three months so it can be a good choice for an investor who's doing a BRRRR.These loans can work for investment properties that are long term rentals, short term rentals, non warrantable condos and condotels.