All Forum Posts by: Katherine Nicholl
Katherine Nicholl has started 2 posts and replied 2 times.
Post: Chicago 4 flat appraised for a lot more during refinance

Katherine NichollPosted
- Rental Property Investor
- Posts 2
- Votes 0
I recently got my 4 flat re-appraised to refinance my mortgage and it appraised for more than I bought it for. My goal is to keep buying 1 new investment property a year. What are my options with this new high appraisal? Can I count this increased value as equity?
Post: How do you analyze the profitability if an owner occupied 3 flat?

Katherine NichollPosted
- Rental Property Investor
- Posts 2
- Votes 0
Will breaking even be good enough or should the property make money?