All Forum Posts by: Jermyn Brown
Jermyn Brown has started 5 posts and replied 28 times.
Post: My appraisal came in 43K under expected Value. what should I do
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
@Sarah Brown I never had the house appraised I bought it cash but I sold a home 2 streets over for 100k 30 days prior to me purchasing this one
Post: My appraisal came in 43K under expected Value. what should I do
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
@Brian Spies yeah I also feel the same way but I believe my first mistake is letting the hard money lender pick the Appraiser that we used but I didn’t know any to pick myself so I went with there’s.
Post: Can any one recommend an Appraiser in the metro Detroit area?
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
yes Travis please pass over the contact info if you can I think I got myself into a jam and need a second opinion
Post: My appraisal came in 43K under expected Value. what should I do
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
@Theresa Harris thank you reply. yes I’ve tried that & had them explain to me how they got that number & was told that there so no homes fully renovated like mines to compare.
Post: My appraisal came in 43K under expected Value. what should I do
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
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
Post: Can any one recommend an Appraiser in the metro Detroit area?
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
I’m looking for an Appraiser to add to my team if you any please forward There contact info
Post: Cash out refinancing
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
do you know any privet lenders?
Post: Cash out refinancing
- Flipper/Rehabber
- Detroit, MI
- Posts 33
- Votes 17
Do anyone know any hard money lenders that lend in the city of Detroit & also don’t do a personal income verification. I have 3bed 2bath I’m looking refinance 75-80% of equity out of it.