Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

Account Closed
  • Involved In Real Estate
  • Los Angeles, CA
4
Votes |
110
Posts

Question about appraisals

Account Closed
  • Involved In Real Estate
  • Los Angeles, CA
Posted

I will soon be applying for a HELOC in order to get some start up funds for my flipping business. I'm trying to figure out the best, and most realistic number to give the bank in terms of my home value. I of course want as much as I can get, but want to also make a strong argument for giving my home a high value, as I know they'll be sending an appraiser.

I'm wondering if I should pay more attention to the price per sq. ft. that homes are selling at in my area and use that to figure out my number, or strictly look at homes my size?

Thanks in advance.

Loading replies...