Everything is looking great as far as the numbers go, but we have to have the appraisal done and I'm not sure if that will be okay.

Depending on which region, you're probably going to have appraisers that look at dollars per square feet averages and then adjusting numbers based on red flags that are far outside the norm for the area you're coming in.

Typically lenders, appraisers, and sophisticated mhp investors do not value the home rent cash flow.

I have a foundation repair company that I work with that is nice and responsive and has been able to save escrows by jumping in and doing the fix before the appraiser comes out. 

This report is included in the appraisal order.

I don't recommend it, but if you have extra cash on-hand, you can waive appraisal if you are confident in the value of the property long-term because cash has no appraisal contingency.

another big "it depends" item is washer and dryer connections, not having that will make the property a very sub-par-dated property for example. at the end of the day, the biggest driver is:its rental income and cost of management and if tenants are good payerscost of maintenanceand in Texas (lots of places in Texas experience this), an appraisal district can torpedo local sales prices by harassing us very high values, making more owners want to sell and get the hell away from them.. many taxing authorities net more off an apartment property than some of the apartment owners around here... just saying that is a real factor you have to consider always but often over lookedand insurance, we got hurricanes really screwing us over on insurance, that will drive down values too

After six months (originally appraised at 312k), we did a refi and dropped the PMI and got cash out to repay our private loans.

The bank really doesn't determine value; they rely on an appraiser.

Split $50,000 80/20If co-ownership in a BRRRR50/50 ownershipNo points or interest90% purchase, 100% renovationNo paymentsAfter rehab:Refinance with bank in 50/50 LLC based on appraised valueRetain 50/50 equity in propertySplit monthly cashflow 50/50Example: $100k purchase, $50k rehab, $200k value, refinance on $150,000 loan (75%)$2000/mo rents, $1500/mo debt service, split cashflow $250/$250.