My first 4plex deal

[Dave Barnes]

My wife and I set out to buy and owner-occupy a multifamily property that would allow us to live in one unit and have the rents from the other units cover our mortgage and costs completely.  It took as a few years (the multifamily market in Utah County is priced high compared to rents) but we finally were able to close on our first 4plex in May 2013.  We've been living in one of the units for free ever since!  Now on to the next deal :)