Property Stacking · with Jeff NunleyBuild one rentalinto the next.
Property Stacking is a BRRRR-based way to plan the whole path (buy, rehab, rent, refinance) before you make the offer, so the capital from one deal can help fund the next.
Educational content only. Not a loan commitment, investment or legal advice.
Deal 01
Deal 02
Deal 03 → next
Why investors get stuck after one deal
Capital is locked in the property with no clear plan to recycle it.
The ARV comes in lower than projected at refinance.
Renovation costs exceed the original budget.
Financing questions come up too late to change the outcome.
Five steps. Planned before the offer.
Acquire a distressed property below market value.
Renovate to force appreciation and meet rental standards.
Place a qualified tenant and stabilize cash flow.
Evaluate long-term financing based on the new value.
Recycle recovered capital into the next deal.
The Property Stacking Deal Map
A pre-offer worksheet that walks through a deal from acquisition to refinance, so you can see whether it stacks before you're under contract.
Acquisition costs
Price, closing costs and cash to close
Renovation
Scope, budget and contingency
Projected value
ARV supported by comparable sales
Rent
Market rent, vacancy and operating expenses
Financing assumptions
Short-term acquisition-and-rehab structure
Refinance feasibility
LTV, DSCR, payoff and seasoning
Stress test
Lower value, lower rent, higher costs
Deal Review
When to bring the numbers to a lender
We'll email it to you. No property details needed.
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