First time multi fam investor need opinions

[Tony C.]

Hey fellas, I’m new to the multi family investing I’ve always wanted to get into it  although never wanted to do it alone. Recently sold my house now have a place to live rent free so no rush, but I’m looking to purchase a multi 2 or 3 family with 3.5% down. With 3.5 % down I’m not finding any cash flow houses and barely finding anything that pays for itself. I’m not looking to invest outside of the New Jersey New York area I live in even though I know those are options. If anyone here can point me in the direction for things I should know going in it would be much appreciated. Just to fill you in I’m looking long term I don’t need the house to produce a return right away however I’m not looking for a burden that drains my pocket eithier. What do you guys think is acceptable it’s the New York nj market so it’s hard to find any house that will cash flow with 3.5% down initially thanks in advance to anyone who chimes in and remember I’m just starting out