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Hello, 1st time posting, though I've been living and breathing allthings Bigger Pockets for the past 6 months. My husband and I are new REI, just closed on a 4 plex found off market using seller financing in March, '...
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Hi All, i recently acquired a brrrr property that will need lots of cosmetic work, no foundational issues. I got a great ARV appraisal before the rehab started. Around $20K north of the high end my agent and contracto...
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Hi all!I was talking to a friend of mine when the question of an appraiser apprenticeship came up as a better way to become an appraiser.Has anyone been through this process? If so, can you talk about that experience ...
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Hello,When a bank is doing an appraisal to refinance a property what are some of the major metrics they look for? Also what are some small/inexpensive things you can do to bump up the appraisal a little?
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I'm looking to get my home re-appraised for leveraging purposes. I am not positive what it is assessed or appraised at currently but I paid 200k for it and I'm estimating a current appraisal of 230-250k. I am wonderin...
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Hello All,
I own a property in Elyria,OH. 2 duplexes on one parcel. What is the best way to know it's value now, most of nearby properties are SFH or separate duplexes . Would this be considered as 4plex ?
Thnx
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Hi guys,Just wanted to share a small success story on challenging an appraiser, mainly because before I just (successfully) did it this week, I honestly wasn't sure if it was a thing you were "Allowed" to do, much les...
Hello community. I recently purchased a renovated townhome to hold and rent. I negotiated $17.5k off the asking price of $147,500 in hopes to get an appraisal value in that range to be able to finance with little to n...
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Would you provide the seller with the appraisal? I know that the seller will want one, but I dont' see how any good can come of it.Back story: I'm in the process of purchasing some FSBO property. So we've met many tim...
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I am trying to buy a duplex for myself and my daughter. The lender is out of state and telling me that the cost of an appraisal in Maine is $725.00. Is that reasonable?