How to land your first multi family

[Dave Hemrick]

Hello Everyone! I am super new and wanted to see if someone can provide a step by step guide (or can point me to one) on how to go about purchasing your first multi family (duplexes, three-plexes, and four-plexes). Then, how can you use that first purchase to then purchase another one? My main goal is to own multiple multi family properties so that I can maximize potential passive income. Any help would be greatly appreciated! Thanks BPers!!

Important: I do not own my own place right now (I rent) nor do I have lots of cash on hand. I am most likely looking at bank financing for my first purchase.

Location is Norristown, Philadelphia, King of Prussia, East Norriton, etc.