Stacking Multi-family Tactic

[Ryan Dyess]

Good morning BP community! I am hoping to get some clarification on @Brandon Turner's tactic on stacking multi-family. He says your first year buy a duplex, the following year a 4, then to an 8, 16 and 32 unit apartment to be financially free at year 5. I am interested in learning if anyone has used this strategy and if so how you financed it. We could do the duplex and 4 unit because of the ability to use a conventional loan since anything under 4 units is a SFR in a lenders terms.

If I had the 4 unit and the duplex that would put me at 6 doors. The average of net $100-200/door would put me at $10-11k/year net. That would take a while to earn back the initial investment from the down payments. Definitely not by year 3. Could someone advise on how they have funded an 8+ unit building? I am learning/studying/networking to get into the syndication world. Does anyone who owns over a 4 unit building have a network of investors to treat it like a syndication? Looking forward to diving into this subject with some experts in the industry!