I'm in car shows and car clubs, but I believe I should trade my car in for a cheap ice up truck so I can save money faster for my first investment property.

If they aren't FTHB, or otherwise can't swing FNMA HomeReady (income limits by census tract of the property, for example), and can't do 5% down conventional, and time is critical (because your HML rate is 15%, you need to recoup capital for the next deal, etc), find a different buyer.You aren't pressuring your buyer to take a crappy loan, for the record.

At a point in time when most are planning for retirement and touring the world, do you really want to trade wealth building (appreciating markets) and stable cash flow for markets where appreciation would be less likely ?

., you aren't actually ever going to see that cap rate.Not sure if this completely answers your question or helps, but I wrote this article talking about cap rates in relation to what to shoot for, and it hits on the trade-off with nicer properties and lower cap rates-https://www.biggerpockets.com/renewsblog/2016/02/2...Hope that helps!

At the end of the day, properties will always trade and you can make money in any market.

I'm a flooring installer by trade, if you have any questions feel free to ask.

Many builders went broke 2009/2012 and a lot of trades people have other jobs now - my old painter how used to have 6 crews is now a nurse.

(Quote)The three major credit-reporting firms -- Equifax, Experian and TransUnion -- recently decided to remove tax-lien and civil-judgment data starting around July 1, according to the Consumer Data Industry Association, a trade group that represents them.

At the conferences is where you will meet credible asset managers, trade business cards and get on their lists for future asset offerings.

After a couple of years, 'trade up' without selling the last place.