It is similar to a builders loan where you receive installments except it is for fixer-uppers and the refinance funds are withheld until the completion of the second appraisal.  

More specifically the Upper St.

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A fixer-upper, nice area, turn key...?

When the sale went through, the appraisal magically came back exactly for the value of the purchase price, which was almost identical to the last city appraisal that was done prior to the roof, furnaces and painting.Soon after we closed, we completed substantial renovation work on the house, putting a new kitchen and bathroom and electrical panel in the upper unit, adding central air and completely repainting both units, landscaping the entire yard, adding an additional parking space to the property and adding new fixtures to the bathroom and kitchen in the lower unit.  

From the app, touch Menu in the upper right.

Search "Cap Ex", with the space, in the upper left corner here and then select "files" from the choices on the left.

Acquisition: Upper $70's, and as for updates - "maybe" needs laminate floors in Kitchen, and perhaps some new cabinet (standard) doors to update.

As a licensed broker, I was able to use my MLS access to source a fixer upper. 

Do i have an upper hand coming in during the owner occupant period even with offering less?