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Updated over 9 years ago on . Most recent reply

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Dave Barnes
  • Business Development Professional
  • Spanish Fork, UT
3
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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

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148
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Mike Bargetto
  • Insurance Agent
  • Phoenix, AZ
66
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148
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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!

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