New invester with questions

[Jason Balllicker]

Hello all

I am new to bigger pockets form. I am looking into getting into investing. I have done LOTS of research and I am at the stage that I need to start asking questions.

I would like to purchase multi-family units for the intent to rent these units for cash flow each month. Who here owns rentals and what is the best way to acquire them?

I have little cash and no credit. Dose anyone have a method for purchasing property's like this with no cash upfront?

My research has shown I need to purchase a property with something called a CAP rate of at-least 10% that is all the cost of property. Once purchased and rent I will have cash flow to pay into a the cost of the home -profit. Some people use credit cards somehow no sure how. Property acquisition is my most challenging problem.

In my area I have spoken with rental agency the are back logged with a waiting list so If I can get a good multi family with good CAP rate I should have no problem getting passive income.