Sentences with phrase «rehab appraisal value»
This is a very very big deal, because it allows you to get a much higher after rehab appraisal value vs purchase price, than if you bought a house in the best neighborhood.
https://www.biggerpockets.com/ Not exact matches
After I learned that I would have to pay for one of the two required appraisals, deal with a potential low appraisal since flips do not get the best value from appraisers, and have to submit receipts to proof rehab cost and improvement; I decided to just lease it for a year and skip all that hassle.
It also takes risk into account because it predicts you'll make more on the higher value properties, where price swings, rehab overages, and appraisal discrepancies can be greater.