All Forum Posts by: Joseph Brown

i purchased for 14000. Renovatimg as we speak. An identical house around the corner sold for 127000 in feb. Stressing if i will get that type of value to refinance. What do you think?

@Robin CasperTake the Money!!

@Jamal L, how do you feel about Pressbury st & N Hilton in 21216?

@Andrew Smith i like Baltimore. Plenty of Homes in Baltimore city for 5000-25000 and rental income from 1000-1600.

@Anil Samuel great job. Have you considered refinancing and pulling equity. I just bought a sfh in 21216 but fear i wont get appraisal value to refi. Purchased for 14000 put 20000 in so far. Still have to install kitchen and 2 baths. Any ideas for me. Thanks for your response in advance.

I purchased a home in west Baltimore around the corner from N West ave, 21216, for 14000. 3 bedroom 1 full bath and 3/4 bath in the Master bedroom. Another bedroom has its own terrace. Surrounding the property, which is located on W North Ave. are unrenovated homes listed at 10000-30000. Around the corner from my property an Identical house fully renovated sold in Feb 2019 for 127000. I want to cash out refinance pull the equity and start the process over. Can anybody tell me if i will get the appraisal value that i need. Will the comps be measured againts the unrenovated homes or the newly renovated one that sold in Feb for $127000. Thanks for any response.

@William Yanez i just purchased my first in 21216 myself. Whats ur plans?

@Joe Bruck i have a property in 21216 as well. 4 bedroom 1 full bath and 3/4 bath in master bedroom. I was worried about my appraisal once i am done renovation. Did you ever get an increased value?

@Andrew Boykins When you say you get 2 appraisalls do you mean you appraise property ur self and the banks accepts?

@Tarik Larue how did your projects turn out. I am a new investor to Baltimore, 21216. Bought for 14000. Evicted squatter. Renovating property. I am i. 22000 so far. Still with bathrooms and kitchen to go. Gonna rent it out. My question is did you get financing, after renovations, and what was the appraised values for the homes you purchase?