How to navigate high priced markets

[Kayla Carson]

Hello investors! I am trying to figure out how those of you investing in high priced markets are able to get into properties that are able to cashflow? 

The current obstacle I am running into is that if I finance a deal, even with a great interest rate and no mortgage insurance, I am not cash flowing. Finding tri-plex and quad-plex in this area that aren't $850k+ is rare and financing that amount would probably leave little room for cashflow anyway. I've been focusing on properties with basement apartments that would offset my mortgage (if I live there) or properties that could use cosmetic updates in great areas. 

I am new to the game. So far I only have my house that I purchased in 2018. Once I get some renos done on that I will have some more capitol... but I just can't figure out how to get going in my market. 

I am in Portland OR for reference.

Thanks all!