If you are on a sub-thousand dollar budget, you might want to have a look at a second hand Korg D1200 / D1600. These will come in at between 4-600 USD on eBay and are great bang for your buck. They are portable and you can also export tracks from them to a computer to mix and edit at a later date.
These machines will give you either 4 or 8 simultaneous input respectavley. And because they will not break the bank you can also think about some microphones.
My instructors page and www.studiotrax.net for all things recording.
my toons Brought to you by Dr BadGAS
my toons Brought to you by Dr BadGAS