hi Jarrod, congrats on the 4th purchase!  

Purchase price: $5,000,000 Cash invested: $1,450,000 Complete combination and gut of two lofts side by side resulting in a 4,000 square foot home.

We are currently living just south of Boston and are looking to purchase a 2-4 unit property in which we would live in one of the units.

However, a multifamily purchase could work quite nicely. 

But with that purchase, I bought it with $50k equity in the deal.

In that time, I've purchased two duplexes in Beverly, MA.

Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.

We were in a financial position where we could keep our existing home, upgrade, and purchase another home.

Hope you’re enjoying your stay in Malta travel safe and happy new year.

I enjoyed reading about your first year of investing—it’s clear how much you’ve learned.