Rookie investor seeking advice

[Brian Williams]

I’ve built up an equity position of about 400k spread across 5 different properties in a low appreciation but decent cash flow area. And I’ve also built up about 200k for my next deal. Would it be wiser to sell those 4 properties and go to a bigger market and a higher class of property?

I recently reached out to TheLender and Beeline for DSCR rates and TheLender told me 25% down which would limit me to properties of around 500-600k — Beeline would be willing to go with 20% down. Either way would pretty much limit me to one property without selling an older one.

My goal is to scale to more units but I would really like to be in an area of better appreciation. I like the buy and hold long term strategy? What do you think would be the best path forward in the current environment?