Brrrr Strategy and Paying it off

[Sonny H.]

Hi - I was wondering if you were using a brrrr strategy on all the properties you bought how do you go about paying it off and retire early?

Example: buy a distress property , muiti units for 300k, ARV is $500k

down 20% = 60k

closing fee 5k

rehab 45k

Cash out 70% LTV x 500k = 350k

350k -240k owe =110k cash out

cash flow lets say around $500 monthly

and decided to repeat .

Should I use the 110k cash out  to buy 2 properties (300k) each

or should use all the $110 to down for 1 properties?

If I keep on doing the brrrr strategy and keep cashing each property out how would I paid those off?  With that said, if buy 3 properties , its $500 monthly cash flow for each property, total $1500 monthly then it will take me forever to retire. People say let the tenants pay the mortgage off, then it will take 30 years to be paid off. Please advise what strategies  should I take? All successful investors, please enlighten me.