Is it possible to jump straight into apartment investing

[Brian Warren]

I am currently looking for my next real-estate move. I've been house hacking my current house and trying to weigh my options. I believe buying a 2-4 unity property would be an easy next move, but I was wondering if anyone has went straight into large 30 unit plus deals right after there first house hack? Of coarse my out of pocket cash wouldn't be large enough so i would assume i would need to do some creative financing (hard money etc). Do banks decline a lot of people who are not established in the industry? How big could i go? Is it better to just work my way up with smaller deal so i can finance the down payment?

[Todd Dexheimer]

I did not take this route, but I have a few clients that I have mentored that went straight to 100+ unit multifamily. The secrets to their success? 

1. They built a strong team - they found partners and used their strengths to add value

2. They became educated

3. They had a burning desire and took every step along the way necessary. When I gave them something to do, they did it and then went beyond that and did more. 

As for the money needed, we do syndications to bring the required capital to close on the deal and renovate it.