New to REI, but wondering if this could have any value.Since single family homes usually appraise for more than multi family homes, would it make sense to rehab a SFH into MFH, leave a doorway open, then get it apprai...
Hello,
I closed on a cash purchase on 5/25 in La Jolla CA. I already have my refinance lined up and ready to go but I might have made a mistake with the appraisal and this is where I need help. So this...
BP,I need some information regarding what the actual requirements are for the condition of a home so that an appraiser can complete an appraisal. I purchased a house for cash in OKC last month that needed a little re...
I have a house that I bought about a month and a half ago. We paid cash. It’s a three bedroom one bath brick house, but can be turned into a four bedroom two bath brick house. It is on a slab with a decent size yard. ...
We had an offer accepted on a home in the beginning of July, and our lender (a major bank) has still not secured an appraiser. We have already received an extension of a month, and now the lender is asking for another...
Hey BP,I’m in the appraisal period for our 2nd BRRRR deal in Indianapolis. Obviously the market is crazy. I’m using a private lender that hired an appraiser from an appraisal management company. The appraiser visited ...
Looking for any suggestions on books or anything that give more insight on appraisals. Or even your tips. What things could help increase the appraisal and what things don’t. I understand the basics on comps and addin...
I bought a duplex in Drexel Hill, PA on a hard money loan. I did the reno, and now in the middle of refinancing. The appraisal came at $35K less than my estimate. I made an appeal, but I'm still shy $22K. I elected to...
Buying an FHA duplex and the appraiser has been delaying my closing date with random imposed conditions- beyond their scope and beyond the initial appraisal report. To get into the details, the appraiser questioned th...
How do banks appraise commercial property’s, looking to buy a multi cash and do a cash out refi after.