Is now a good time to investing small multi family properties?

[Michael O Hanlon]

Hi Everyone,

I've been looking to invest in a small multi family in Jersey City for a while, specifically the Jersey City Heights area, my first preference would be a 3 family, live in one unit and rent out the other two however I would also settle for a 2 family if the numbers in the deal were right. I'm very existing to start my REI journey and walk away from renting, however with the current climate I'm unsure where it's the right time or if it makes more sense to wait for another 6 months to see if the market dips? Any advise is very much appreciated!!