Appraisal.

You'll need access to the property in order for the hard money lender to do an appraisal.

.- if NOO, you will need an appraisal.

Hey BP Community,Does anyone out there have a recommendation for an appraiser or inspector here in the Sacramento CA area?

With this deal as it was seller financing we chose not to have a full appraisal done, though we did get a third party realtor to do a Broker Price Opinion for us. 

But of course after inspections and appraisal, numbers may very well change.

The property is a 3 bedroom, 1 bathroom ranch with a full, unfinished basement and an attached one-car garage that was built in 1956 and is under 900 square feet.Purchase Price:  $70,000Rehab Cost:  $15,000After Repair Appraisal:  $108,000Now comes the twist... 

The home currently appraises for $400,000.

My other question is the appraisal on the cash out refi.

And again not knowing the numbers, but if the house is actually worth or would appraise for X, then if you can "get the house" for 80%of X, and then perhaps a local bank would finance that deal for you as a "zero down deal" as the LTV is still only 80%.