Updated over 4 years ago on . Most recent reply
Lower than expected appraisal on BRRRR
Hey there! I recently applied for my very first cash-out refi after buying, rehabbing, and renting a home a year ago. The appraisal came in significantly lower than expected, and other properties in the area, in way worse shape than mine are selling for significantly more. Has anyone run into this problem and if so, what did you do? Thanks so much!