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12 October 2021 | 33 replies
Just appraised for $17mBought an apt building for $38m 3 months ago.
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7 October 2021 | 5 replies
This way, if the FHA appraisal cited repairs needed for the financing you could switch midstream to close the deal.
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8 October 2021 | 4 replies
My property appraised for $110,000 more than I paid for it - so I had instant equity of $137,000 at closing.
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15 October 2021 | 29 replies
So even if you spend 140k to purchase and rehab a home and it appraises for 175k when you go for the refinance, to achieve the 1% rule you would need $1,400 in rent not $1,750.
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14 October 2021 | 11 replies
After 6 months you can do an appraisal and either refinance the property or do a Heloc, which is what I did and bought another and so on until I had enough to start flipping houses.
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12 October 2021 | 6 replies
For example, in my market:You would have a 3-5% chance of a seller looking at your offer at all at the average price point of 450-500,000 with 5% down and needing an appraisal contingency.
2 November 2021 | 4 replies
An appraiser will not use the duplex.
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19 October 2021 | 5 replies
Previous owner just wanted the property off their books, so wanted a waive of appraisal and inspection.
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8 October 2021 | 2 replies
Do I call for the Appraiser before tenants move in ?
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28 February 2022 | 5 replies
New Update:The appraisal is finally back and it came in at 10k over asking so...