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Updated over 10 years ago,
What would you do with $250,000?
Just a theoretical question...if you were able to sell your primary residence and buy a cheaper replacement and pocket $250,000 and you wanted to invest that in real estate, what would you do...? Purchase for cash cheap buy and hold rentals (cash because below $50k mortgage minimums), buy one big multi-family, something else? Wanting to gauge the investor psychology...