Next moves, cheap duplexes or wait…..

[Adam Teshome]

Hello BP Family! Looking for my next move. I took advantage of low rates and refinanced a couple of my investment properties leaving a lump some of around $250k. I was trying to move into a larger multifamily but the market is next to impossible without experience and connections. Brokers want nothing to do with us. Should I transition to buying cheaper Midwest duplexes and go after cash flow or sit on the cash and wait for the market frenzy to slow down. I’m worried that if I go the duplex route I will not have enough capital to chase larger multifamily. Any suggestions?