I compare the sales price to my offer and try to figure out what, if anything, I could have done to get the property while remaining true to my criteria.

Basically you should figure to replace all of the mechanical electrical plumbing lot of places are laughing plaster with no insulation true 2x4 construction which is nominal sizing.

My cynical side has me wonder if the true comp value may be lower but the appraiser working with the lender doesn't want it to fall through.TIA! 

Most people go the other way, so have a solid and true explanation (that isn't I want to increase the number of units in my portfolio using owner occupied financing). 

Hello everyone,I have heard in a previous podcast that there are lenders that can refi a rental based on the equity and income of rental and not so much on the credit score of the owner, Is this a myth or true and if so any recomendations?

The property currently cashflows about $150/mo. although with some unforeseen plumbing repairs and a new HVAC it has yet to yield true cashflow.

If anyone has been in a similar situation or has any advice on how to handle this should my nightmare be true it would be greatly appreciated.

How do you come up with a true value?

Have anyone felt this to be true?

What you can do is hire an independent appraiser on your property for a fee $750-1500 to get a true idea of the value and that would be able to help you with your decision making process.