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@sfr_sammy
BRRRR·4h ago
Desert Dash
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@sfr_sammy
Equity 48·Posted 4h ago
Now's the time for BRRRR, with rehab costs down 10% and refi appraisals up 15% from last year, offering high-risk, high-reward opportunities
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Now's the time for BRRRR, with rehab costs down 10% and refi appraisals up 15% from last year, offering high-risk, high-reward opportunities
I'm skeptical about the refi appraisals being up 15%. What's the loan-to-value ratio and how does it impact the overall cap rate? Are we looking at 70% LTV or higher?