Geo dome house!! Need some financial thoughts
3 Replies
Cindy Hensley
posted about 1 year ago
Need some help on buying a geo-dome house for rental. My plan was to go hard money & then cash out refi but since there have been no similar houses sold in the past 2 years the appraisal may be a challenge. Therefore, it may not go conventional.
Any thoughts on how to go about getting this dess as l done?
Aaron K.
Specialist from Riverside, CA
replied about 1 year ago
Just because the appraisal is hard doesn't mean it is impossible, are there other similar homes with similar features aside from the unique architecture.
Cindy Hensley
replied about 1 year ago
@Aaron K. Yes there are 4 active & 2 sold properties (11/8/18 & 9/4/19) with the same # of bed/bath & similar square footage.
Aaron K.
Specialist from Riverside, CA
replied about 1 year ago
So really at the moment there are 2 comps the appraiser will probably try to make it work