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Hello BP Community!I am completing interior rehab work on a duplex, including completed renovated kitchens. Once the rehab work is complete, I will be getting the property appraised with the intent on refinancing (BRR...
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Hi Everyone, I did attempt to search for this within the "MF and Apartment Investing" forum specifically, but that function either doesn't exist or I'm too dumb to figure it out :) . I got a lot of results in a genera...
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How do
appraisers in Albany, NY value multifamily homes? Do they have a formula?What is the most important variable: proximity, condition, sqft., etc.?
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Hi All! So my appraisal came in $10k over purchase, accepted offer price. Am I able to negotiate a lesser down payment with this? Or what are my other options now? Thank you !!
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As a newer investor, I am interested in a class that teaches appraisal principles. Does any one know of any classes out there, whether online or in a classroom? I am especially interested in whether any investors in...
Rookie investor question - When discussing small multi-family buy and hold properties, I read/hear about forcing a 10% appreciation in the first year so the equity/appreciation grows based on that increased value in s...
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I am looking for some advice on this one. A hard money lender put me in touch with their “third party” appraisal company to complete the underwriting process. This particular company charges $695 for a residential SFH...
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Hi I'm looking to purchase 4 multi family properties, I got an appraisal on own I own and it was very low 30,000 below tax value on a 55,000 3 unit. Only a couple cheep comps in our area, that should bring down the pr...
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I've been going through mortgage hell trying to get a 60% mortgage on a currently rented house in Portland. The appraisal came out fine for value but the appraiser estimated the rent to be $1900. Rent is currently $...
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We recently had an appraisal come back at $5000 below our offer. (Offer $119,000 and appraised at $114,000.) our agent and selling agent think this is to low. I like the numbers better. Agents say they want to challen...