House Hacking a 4plex?

[Jameson Sullivan]

Does anyone have any thoughts on living in one of the units of a 4 plex if I get it as my first investment? It just seems a little different to me versus a duplex. Has anyone done this or have any thoughts on the subject? @Brandon Turner

[Lauren H.]

My husband and I house-hacked our first 2 fourplexes to get more flexible lending. 25% down on the first, 20% down on the second. One year management experience was required to get the funding (but that was 2013). We squeaked by on this by moving out of our primary and into a tiny apartment to save tons of cash for the down payment. When we made that decision we didn't actually know that was what we needed to do in terms of the requirement for management experience, it just worked out! 

I say go for it. You need to learn somehow. You can only have so many MTGs, so you might as well make your return per loan as good as you can get. 

Good luck!