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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateHigh Appraisal, Low Purchase Price
Account Closed's profile image
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Account Closed
  • from Long Beach, California
  • Member since Mar 30, 2013
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Long Beach, California
  • Member since Mar 30, 2013
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Account Closed
  • Long Beach, CA
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Buying & Selling Real Estate

High Appraisal, Low Purchase Price

Account Closed
  • Long Beach, CA
Posted Jul 19 2013, 11:59

Say I have a property that appraises for 150% of the purchase price.

How could I get a lender to fund 100% of the purchase price?

The purchase price is 65% of the ARV.

How should I approach the lender about this? I am still learning to speak the language of lenders.

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