NJ BRRRR - can it be done?

[Eric D.]

I own two multi-families - one in Maplewood and the other in W Orange - each purchased with conventional loans with 20% down. On BP, I hear stories about people who do the BRRRR method and end up with 100 units after 5 years and can retire.

However, in Jersey, I just don’t see how anything even approaching that can be accomplished. Thoughts?