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Updated about 2 months ago,
House appraised for more than expected- should I change my strategy?
Looking for advice as I am a relatively new investor: I found a house with positive LTR cash flow projections and negotiated the seller to under-asking ($340k). Our plan was to use a DSCR loan to finance (25% LTV). I just received the appraisal back and the house appraised for much higher than even I expected ($407k). For those of you that are more experienced in this space, would you change your financing approach based on this new information? Appreciate the advice!