MB497: Engineer Closes $9.7M Deal in 4 Months: How Jordan McNeely Closed His First Multifamily Syndication

Show Notes

Jordan McNeely was working rotating 12-hour shifts at a nuclear power plant when he realized he wanted his time back for his family. In just four months, he raised over $700,000 for his first 96-unit multifamily deal—all while juggling work, a newborn, and zero prior real estate experience.

In this episode, Jordan shares how he carved out 15 hours a week, learned to underwrite and raise capital fast, and overcame the fear of talking to investors. If you’ve ever thought, “I don’t have the time,” or “I don’t know where to start,” this is your step-by-step playbook.

Key Takeaways

Why Multifamily Was the Right First Move

Single-family rentals never penciled out, and flips didn’t fit his schedule.
Multifamily offered the scale and systems he needed to move fast.
Skipping single-family helped him focus his limited time on high-impact results.

Overcoming Fear Around Raising Capital

Started with uncomfortable investor calls using a simple daily plan: one conversation per day.
Focused on listening instead of pitching—asking investors about their goals.
Reframed capital raising as helping people unlock better returns and tax advantages.

The Secret Weapon: Self-Directed IRAs

Raised a large chunk of capital from old 401(k)s and stagnant IRAs.
Helped investors access capital they didn’t even know they could use.
Opened the door to passive investors who wanted real estate but not the headaches.

How He Found and Added Value to His First Deal

Met his deal sponsor through the mentoring network—connection made it possible.
Joined a four-person team and found ways to help beyond capital raising.
Took initiative to underwrite, ask smart questions, and become an asset to the team.

Making Time When Life Is Already Full