I’m looking to purchase a property and possibly convert into Multifamily but I’m needing to know how run comps on a SFH converted into Multifamily, do I run comps for SFH in area, do I look at cap rates, I am in Midwe...

Hi guys, when obtaining a construction loan from a portfolio lender for new construction on an empty lot, I would think the cost approach to value would be the most appropriate for the appraisal. I was given an apprai...

Hi BP - I've posted about this topic before, but wanted to ask an open ended question instead. I have a seller who is willing to finance down payment funds, but my lender does not allow for a second lien on the proper...

Hello, I am looking at getting a hard money loan. Does anyone have any experience with aloha capital? Or any other hard money lender?

What has been everyones experience with using the rent estimator and then getting a DSCR loan and getting the rent appraisal? Has it been close, comparable, or way off?
And if there has been a difference, how much wa...

I have a question about multifamily properties below 5 units.  Is the property assessment for cash out refinance looked at from a residential perspective or as a true multifamily perspective?  The level in equity is v...

I am a rookie investor looking to invest in SFH to hold as rentals long term. I am planning to use conventional financing to finance my investment. I have started looking for listings recently.I am a bit confused when...

Dear BP family,My appraisal came in lower than I expected.What is the best course of action now?For the future, can I ask the appraiser to send me the draft before he submits it to the bank?In case the new appraisal i...

I have a few questions about the appraisal process if I have found a good deal. Not having gone through the process, these may seem silly, but I'm curious to hear any responses.

-If I'm good at finding deals or have ...

Greetings Everyone,I am working on a bank financed real estate deal where the bank cannot find comps to use for an appraisal.  The criteria they are using is to compare it against other sold properties (going one year...