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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

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33
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Jermyn Brown
  • Flipper/Rehabber
  • Detroit, MI
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33
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My appraisal came in 43K under expected Value. what should I do

Jermyn Brown
  • Flipper/Rehabber
  • Detroit, MI
Posted Dec 30 2019, 10:39

I bought a house in Detroit for 31K I rehab the home for 25k looking to do the BRRRR Method I had a hard money lender that I deal with set up but their minimum is 75K. When I went to refinance the home the appraisal came back at 32K. What can I do and how do I prevent this from happening agin in the future? please help

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