I'm in a situation where the home I moved into (about 16 months ago) was a new construction in a very new/empty part of the neighborhood, and the appraisal pretty much matched the purchase price... but since then, the neighborhood has filled with new homes with similar or worse specs that are being listed and sold for more than $10-20k+ above that appraisal.So my question then is: when a lender looks at LTV, do they calculate this based on the fair market value as of today, or would they need to use my original appraisal figure?

The mortgage company says 6 months before a cash out refinance, some people say 3 months is possible, and based on a Podcast I listened to this morning it was possible right away before the renovations even started.Thanks in advance!

Tenant base is pretty descent, and price/rent ratio is pretty descent. 

For 8-9 years, I've wanted to do REI but was concerned about the depth of my knowledge base and specifically understanding how money flows in business.

View report*This link comes directly from our calculators, based on information input by the member who posted.Looking at funding this deal, duplex flip.

View report *This link comes directly from our calculators, based on information input by the member who posted.The expenses have been fluffed up some.

But again, the list decision is based on the real estate strategy you want to work on in my opinion.I hope this makes sense. 

The terms you can expect will vary based on your experience, reserves, and credit scores and of course the property details.   

That question is totally based on your goals, not on the numbers. 

To overcome the funds issue, you can partner up with other investors and split the work based on each person's skills set.Best of luck!