No appraisal
An appraisal is often the slowest moving part of a closing — scheduling it, waiting for it, and occasionally arguing with it. For investors who have done this repeatedly, some lenders will waive it on eligible deals and value the property another way.
Get a free loan quote Call (833) 354-7666Waiving an appraisal does not mean nobody looks at the value. It means the valuation is done from data rather than from a scheduled site visit, which is why the property has to be an ordinary one and the borrower has to be known.
A model priced off recent comparable sales and public records. Fast, and only reliable where there are genuinely comparable sales.
A lighter-touch review by a valuer without a full interior inspection.
A local agent's written view of value. Common on portfolio and refinance files.
Leases, receipts and permits for work done all support the number being accepted.
It is not a feeling about how long you have been investing. Every lender defines it, and the definition is the gate on whether a waiver is even considered.
Projects finished, not started. Addresses and rough numbers, and they should resemble the deal in front of them.
Loans taken and repaid as agreed. A prior default closes this door quickly.
A portfolio in good standing is strong evidence on its own.
An established entity with cash after closing reads very differently from a new LLC with none.
Plenty of deals cannot skip the appraisal no matter how experienced you are, and pushing for one on the wrong file wastes the time you were trying to save.
No comparable sales means no reliable model. An appraisal is the only honest answer.
Where value depends on work not yet done, somebody has to look at it.
The less cushion in the deal, the less willing a lender is to accept a data-only valuation.
If your number and the model's disagree sharply, a full appraisal usually serves you better anyway.
The waiver rests on your record standing in for an inspection, so the file is mostly about you and only partly about the property.
No fee to submit it, and no obligation once terms come back.
We are a connector, not the lender. We place your deal with private and hard money lenders who fund this profile; they underwrite it, approve it and set the terms. We will not quote a rate, points or leverage before a lender has read the file, and we do not use the word approved. If the deal does not fit private lending, we would rather tell you on the first call — see how the process works for the short version.