Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
Dave Barnes
  • Business Development Professional
  • Spanish Fork, UT
3
Votes |
4
Posts

My first 4plex deal

Dave Barnes
  • Business Development Professional
  • Spanish Fork, UT
Posted

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 :)

Most Popular Reply

User Stats

148
Posts
66
Votes
Mike Bargetto
  • Insurance Agent
  • Phoenix, AZ
66
Votes |
148
Posts
Mike Bargetto
  • Insurance Agent
  • Phoenix, AZ
Replied

Hi Dave, that is so exciting and inspiring. Often times folks overlook the owner occupy multi family investment opportunity as a great way to build wealth and conquer that first property. We all look forward to hearing about the next deals to come for you!

Loading replies...