Monmouth County NJ

[Nicholas Minich]

New investor here. 26 with about 100k of cash to either put down to a single or multifamily house. 

From PA, my biggest challenge is using the 1% in these areas of Monmouth county. All home prices are extremely high. 

Would love to be able to secure a multifamily and live on one side. Want to make sure it’s possible from my end. Any recommendations on what approach to take when looking at these homes? And should I follow the 1% rule to see if homes are even worth it( only because house prices are very high)