We got an offer accepted 20k below list, appraised for 60k above under contract price, and now the values just keep climbing because the comps just keeping going up for sale for increasing prices.

Im shooting for it to be appraised around 135k im all in 85k .

-Should I find an appraiser that is also familiar with FHA loans or just a good appraiser is fine?

The appraised value is exactly what I estimated, as well as the market rent and expenses.

We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.

I am trying to see if I should just try to find a cash buyer who wants to hold the property and I could either finish the work as part of the deal or offer it at a reduced price for them to finish...my other option is to try to do a cash-out refinance since we have done a significant amount of work, can I still get a semi accurate appraisal without the entire work being complete.

Basically 75% of the current or appraised rents (whichever is lower) has to cover 100% of the mortgage.

Typically, for properties seasoned 0-3 months, the cost basis (rather than the appraised value) will be used.

The second I’m getting ready to close on shortly and the appraisal came in right on point and we’re taking a leap of faith in the amount of money we have to put into it that down the road we will get that back out.

The 10 Dumbest Comments Said to me by Real Estate ProfessionalsI actually find most real estate professionals (brokers, appraisers, etc.) to be competent or even VERY competent (at least the ones I try to deal with).