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Lee Mast
  • Rental Property Investor
  • Fort Collins Colorado
24
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30
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Will two empty units in a Triplex affect my appraisal for a refi?

Lee Mast
  • Rental Property Investor
  • Fort Collins Colorado
Posted Nov 5 2019, 19:46

Hey BP Masters as my title says, I'm about to apply for a Cash out Refi. I unexpectedly had two tenants break the lease and move out. I'm using this opportunity to "freshen up" the apartments and I'm sure they will rent within a week or two but I'm just wondering if having an empty apartment would dock my refi appraisal? 

Thanks in advance!

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