When an appraisal comes in low, the bank usually reduces the amount they are willing to loan due to the low appraisal (unless purchase price is renegotiated.) 

I think its bad for your business to get a deal under contract that's not a deal as then you stop looking for deals and start stressing about moving a deal.

My goal is to house hack or have a reduced mortgage payment by renting an additional unit.

My reasoning for this is reduced cost of having to furnish it upfront, more passive income for me for now, and lenders will be much more favorable to refinancing it with a long term lease in place + with this arrangement I could ask a premium for rent.

@Mike Young figure out what it will cost to get them out and reduce your offer by that amount.

Shop around and reduce your total expenses.

They should ensure you that the experience is professional and stress-free for you, your residents, and everyone in between. 

Hey all,Looking for creative ways to sell assets and offset/reduce capital gains without doing a 1031 exchange.Background:I have a sale occurring for a bunch of condos I own which will be subject to long term capital gains, I’ve also just completed a new construction duplex that I am selling, originally purchased the land almost two years ago.

They did not stipulate higher rates as a way to stay within this cap, but that is one way to reduce loans.

Not to mention this organization would have drastically reduced stress for all parties!