Investor · Atlanta · Member since 2019 · 576 posts · 96 votes
Hi,
Any one has luck doing Cashout Refinance on Investment Rental Properties with Desktop appraisal (0$ appraisal fee to see if any possibility of cash out upfront rather than pay 500$ for appraisal fee) preferably low closing costs
I personally have not seen a lender that doesn't charge an appraisal fee, especially because the appraisals are done by a third party and that third party definitely wants to be paid.
If you see someone offering refinances with no appraisal fee, I'd be a bit wary of that entire lender.
Also to get a feel for your home value, Zillow is a great estimate tool to see comps in the area and is entirely free.