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Private Lending & Conventional Mortgage Advice

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Ryan Cleary
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
256
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313
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Will a tenant who is behind on rent have any affect an appraisal?

Ryan Cleary
Pro Member
  • Real Estate Agent
  • Palm Beach County, FL
Posted Dec 3 2021, 14:38

I’m doing a cash-out refi on a 2-unit home and am dealing with a tenant who has only paid half of November’s rent, we are in the process of dealing with this tenant but if we go further with scheduling the appraisal, will this have any effect on that process? Should I wait till the tenant is up to date on rent or removed from the property?

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