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Updated almost 8 years ago, 03/27/2017
150k Cash in hand- Where to invest
I live in the local Chicago area and was thinking on investing in a 4 unit property with a 150k cash on hand. The market seems very hot at this point so not sure where the real-estate bubble is in the foresight.
Looking at Bridgeport , Pilsen , Lower west , Maybe some suburbs to invent in.
Its hard to get a double digit cash on cash return at this point. Prices have sky rocketed already.
Should I wait or pull the trigger ?