Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Ariel Haas
1
Votes |
4
Posts

Financing for property that won’t appraise?

Ariel Haas
Posted

I’m looking to buy and put an unusual property type but my bank says that it won’t be able to be appraised due to a lack of comps in the area. I don’t want to pay hard money rates (I get 3% from my bank on properties) so what are my options. Any ideas aside from using my own money?

Most Popular Reply

User Stats

8,408
Posts
4,394
Votes
Colleen F.
  • Investor
  • Narragansett, RI
4,394
Votes |
8,408
Posts
Colleen F.
  • Investor
  • Narragansett, RI
Replied

@Ariel Haas  do you want to tell us what makes this an unusual property?    Also are there no comps because it is not a very dense area?

Loading replies...