Purchase cheaper cash flowing properties or wait for more...
Just looking for your feedback on something I struggle with. Would you/do you purchase lower cost (50-75k) cash flowing properties or would you/do you continue saving and purchase larger higher priced (200k+) cash flowing properties?
You could purchase more lower priced homes quickly and build up your monthly cash flow. However I feel with those properties there is not much room for appreciation.
While if you wait for more expensive properties that cash flow you have more opportunity for appreciation but you lose the time it takes to save more money where you could be cash flowing with lower priced properties.
What are your thoughts?