- can my depreciation to be increased in the cashed out rental (my initial depreciation was calculated 240K/27.5) to 356K/27.5 per annum based on higher appraisal?

- can my depreciation to be increased in the cashed out rental (my initial depreciation was calculated 240K/27.5) to 356K/27.5 per annum based on higher appraisal?

I heard on one of The podcasts that there is way to reference at cap rate instead of appraisal price.I’m having a hard time finding such a lender or getting any leads.Has anyone done this or have any information ?

An additional requirement that may also apply to those mentioned above is if the reason used for the 2nd fha loan is due to an increase in family size/existing property doesn't meet family needs is having a 75% LTV on the existing property with the fha loan or paid down to that amount, based on the existing loan amount and an appraisal

Challenges: low appraisal and learning to negotiate while dealing with this.

The buyers even agreed to eat the difference if the house didn't appraise for the sale price (and it didn't).

Appraisals are not coming in at sales prices.  

On a $350K house you could say "I'll sell it to you for $10K (or $15K) below appraised value" and both of you would be better off in this arrangement.

Meaning that on the high end of an appraisal of 800k you would be able to refi a loan amount of 600k (75%) which is 30k less than your first note.

I had to get 2 bids to build new from 2 contractors, I had just had it appraised, plus a realtor wrote a letter of valuation.