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Multi-Family and Apartment Investing
HomeForumsMulti-Family and Apartment InvestingChicago 4 flat appraised for a lot more during refinance
Katherine Nicholl's profile image
Katherine Nicholl's profile image
Katherine Nicholl
  • Rental Property Investor
  • Member since Apr 5, 2018
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Katherine Nicholl's profile image
Katherine Nicholl's profile image
Katherine Nicholl
  • Rental Property Investor
  • Member since Apr 5, 2018
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Katherine Nicholl
  • Rental Property Investor
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Multi-Family and Apartment Investing

Chicago 4 flat appraised for a lot more during refinance

Katherine Nicholl
  • Rental Property Investor
Posted Jul 16 2019, 11:23

I recently got my 4 flat re-appraised to refinance my mortgage and it appraised for more than I bought it for. My goal is to keep buying 1 new investment property a year. What are my options with this new high appraisal? Can I count this increased value as equity?

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