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Updated about 10 years ago on . Most recent reply
Drive by appraisals versus Full Appraisal in tenant occupied properties?
I am interested in everyones thoughts on getting the highest appraisal in tenant occupied properties. I am pulling some equity out to grow my portfolio with a community bank. I think they are flexible and would allow a drive by appraisal.
The properties are C+ type neighborhood and I think my tenants are decent in keeping the properties clean..would say that they are great at it though..
What would you suggest...a full appraisal or drive by?