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Updated over 4 years ago on .

Ryan Bonheyo's profile image
Ryan Bonheyo's profile image
Ryan Bonheyo
  • from Frederick, Maryland
  • Member since Apr 5, 2018
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11
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2
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Ryan Bonheyo's profile image
Ryan Bonheyo's profile image
Ryan Bonheyo
  • from Frederick, Maryland
  • Member since Apr 5, 2018
Connect
Ryan Bonheyo
  • Frederick, MD
2
Votes |
11
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Appraisal Value for 2-Unit Property

Ryan Bonheyo
  • Frederick, MD
Posted

We currently have a 2-unit property under contract and we are trying to determine its ARV. SFH properties around the area are worth 240-275k. Since our property is 2-unit, should we assume that the ARV would be higher since it is an income-producing property (after we renovate the property)?

Also, if we increase the rent for both units, would it impact the ARV?

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