New Investor In Binghamton, NY

[Ardranae Byer]

Hi Bigger Pockets Community,

I am looking to invest in a multi family in Binghamton, NY. I would like to cash out refi once the rehab is complete. Currently, I am having a hard time finding comps so I can assess a possible ARV or even where I need to be in my offer. What I am noticing is are properties that are not rehabbed and those prices are slightly higher than this seller's asking price. This will be my first investment using the BRRRR strategy, so I want to get this right. Besides speaking with an agent, how can I find better comps? Also, how can I assess how much value I am adding to the property during the rehab?

[Ardranae Byer]

@Gary Kline

That’s a good idea Gary. I didn’t think about an appraiser. Thank you so much.