Do you have experience managing similar BUSINESSES - an operation this size is a BUSINESS as much or more than an investment. 

I have had a similar trajectory to you.

To assess the strength of my MTR market, I began by identifying properties nearby with similar amenities—these formed my competitor set.

The most recent comp had similar damage and it set the market for these types of properties.

Go to the county assessors webpage for the county he owned a home.

At that time, the lender’s ARV appraisal came in at $240,000.Since then, I’ve completed a full renovation, including:All new drywallFull rewire with new electrical boxNew appliancesBrand new kitchenTwo fully renovated bathroomsNew flooring throughoutThe roof and windows were already in good shape (both only 4 years old).Now that renovations are complete, I ordered an appraisal for the refinance — and it came back at only $215,000, which is lower than the original ARV appraisal.Here’s where I’m struggling:I pulled my own comps and found four properties nearby that closed at $244,000 and above.Some were newer builds, but they’re similar in size to my property.On top of that, my property sits on a lot that’s about 10,000 sq. ft. larger than those comps.I’m looking for advice from those who have dealt with similar situations:I appreciate any insights — I’m trying to make sure the value aligns more closely with the actual improvements made.Thanks in advance!

@Dennis Bamford Assignments and wholesaling are similar in that they are both short term strategies designed to raise cash for other longer term strategies such as buy and hold, and fix and flip. 

Send him a cease and desist order (or similar) in writing.

Right now, we’re doing about 10 investor specific projects a year, and as we grow toward 30, we’re looking to connect with others doing similar deals.Our lane is design and execution.

Ohio seems to have a similar market, so I just want to connect with investors, agents, and PMs all over Ohio since I’m ready to jump in.My goal is to buy multiple BRRRRs a month so if any experienced investors would share, I would love insights to avoid or target in regard to build ages, build types, build materials, etc.