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re: Buying investment properties...

Posted on 6/9/14 at 10:54 am to
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8143 posts
Posted on 6/9/14 at 10:54 am to

Broker Price Opinions have been around for a long time, and check your numbers. They are 10x higher than actuals. Check the reimbursement rates provided by Fannie, Freddie, and FHA.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/9/14 at 11:03 am to
quote:

Broker Price Opinions have been around for a long time, and check your numbers. They are 10x higher than actuals. Check the reimbursement rates provided by Fannie, Freddie, and FHA.



i don't know anything about it really, i just hear about it. i thought they were supposed to be a cheaper alternative to a full appraisal but i really have no idea.
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