DiscoverFinancial Freedom with Real Estate InvestingMB497: Engineer Closes $9.7M Deal in 4 Months: How Jordan McNeely Closed His First Multifamily Syndication - With Jordan McNeely
MB497: Engineer Closes $9.7M Deal in 4 Months: How Jordan McNeely Closed His First Multifamily Syndication - With Jordan McNeely

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

Update: 2025-11-10
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Description

In this episode, Michael talks with Jordan McNeely, a former nuclear engineer who realized his rotating 12-hour shift job was draining his energy and keeping him from family life. That sparked his pursuit of passive income and a scalable path to financial freedom through multifamily real estate.

Jordan dove into education, joined a mentoring program to master underwriting and capital raising, and committed 15 hours a week to learning and networking. In just a few months, he partnered with an experienced team on a 96-unit deal in Charlotte and raised over $700,000 from friends and family — despite never having raised money before.

Key Takeaways:

  • Skip single-family and scale faster — multifamily penciled out and aligned with his limited time.
  • Time freedom was the motivator — rotating day/night shifts took a toll on family, health, and presence.
  • Mindset shift on raising capital — he stopped “pitching” and started asking about investor goals.
  • One investor conversation per day → $700K raised in 2 months.
  • Retirement funds unlocked big capital using self-directed IRAs.
  • Partnerships shortcut experience — he leveraged a team already active in Charlotte.
  • He made time a priority — 15 hours/week dedicated to education, networking, and raising capital.

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For full episode show notes visit: https://themichaelblank.com/podcasts/session497/

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

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