Keep in mind you will also have to pay transfer taxes based on the properties assessed value, even if the property is transferred from your name to an LLC for a nominal amount + incur deed prep and recording fees.

In order to properly assess, we would need more information.

The local assessor usually updates their assessment and tax records within 30 days to reflect the transfer, but some smaller office may be further behind.

The two earliest popular and successful “gurus” were Jimmy Napier, whose speciality was investing in notes, mobile homes, and real estate “exchanging”, and John Beck, whose speciality was tax auctions, and complex series of exchanges in which John used near worthless lots acquired for pennies at tax auctions at full tax assessed value for exchange purposes, usually as a downpayment, or as collateral for a private note.

Sometimes, these two numbers aren't compatible, so again, it's the manager's job to provide realistic expectations and numbers which will allow you to meet these goals.Please feel free to send me a message to further discuss the situation and other possible solutions!

These lenders are more flexible, especially if the property has equity and your credit and financial situation are solid.Here’s what you can expect: LTV (Loan-to-Value): The lender will typically assess the property’s current value and lend a percentage of that, often around 65-75% LTV for cash-out refinances.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

As it has been said, you need to go and drive the area and make an assessment for yourself to start with. 

Although the majority of Michael's superb content on Cost Seg focuses on how to properly assess the value of Cost Seg, he also does highlight some items regarding the internal workings of a Cost Seg study.

Long story, it was through a real estate agent, but the owner determined his price assessment of $150K is correct, and the agent wrong.