Some hard money lenders to don't even opt for an appraisal. Instead these folks rely on an underlying, in-house underwriting team who 'comps' property, basically working up a CMA or BPO in lieu of a full blown appraisal. The idea here is to speed up the funding process...
Where is this property that you need to refi located?
Lender · Sacramento, CA · Member since 2009 · 1k+ posts · 277 votes
3y
@Saman Pari...what location is the property in? Question is too vague. Example - I have hard money lenders that don't even do appraisals in CA, but it depends on scenario and where.
Some hard money lenders to don't even opt for an appraisal. Instead these folks rely on an underlying, in-house underwriting team who 'comps' property, basically working up a CMA or BPO in lieu of a full blown appraisal. The idea here is to speed up the funding process...
Where is this property that you need to refi located?
Some hard money lenders to don't even opt for an appraisal. Instead these folks rely on an underlying, in-house underwriting team who 'comps' property, basically working up a CMA or BPO in lieu of a full blown appraisal. The idea here is to speed up the funding process...
Where is this property that you need to refi located?
It’s located in Austin tx
Hey Saman!
I am based in ATX. Always looking for fellow REIs to connect with and add value to.
Happy to help connect you to a local company for your refi.