Home appraisal value purchase
So I am trying to house hack my first home and I am closing on the property and got the appraisal back and it is the same as the purchase price at $340,000 and the seller is not willing no negotiate down on the purchase price and I have over $10,000 to rehab the home but I believe once the rehab will be done I can possibly sell it for $370,00. So should I back out of the deal or purchase the home even though I won’t have any equity in the home when I purchase