52 min
The Pace Morby Guide to Wealth Without Cash On Real Estate Rookie Get Creative with Pace Morby
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- Investing
Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.
Highlights:
"I'm not really buying your house; I'm buying the interest rate attached to your house."
"In creative finance, it's not about negotiating the sales price; it's about negotiating the terms."
"The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."
Timestamps:
00:00 - Introduction to Creative Financing
01:07 - Golf Analogy for Real Estate Investing
03:01 - Benefits of SubTo Deals
04:48 - Options for Creative Financing
08:16 - Finding Expired Listings
12:43 - Easier than Cash Transactions
17:00 - Understanding Seller Financing
20:40 - Overcoming Seller Objections
24:36 - The Benefits of Tax Depreciation
30:00 - Creating Win-Win Deals
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc
► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
http://joingatortribe.com/yt
► Join Our Free Facebook Group to Connect with Pace and his Students:
https://paceapproves.com/freefb-yt
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
PLUG IN & SUBSCRIBE
Instagram: https://www.instagram.com/pacemorby/
TikTok: https://www.tiktok.com/@pacemorby
Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.
Highlights:
"I'm not really buying your house; I'm buying the interest rate attached to your house."
"In creative finance, it's not about negotiating the sales price; it's about negotiating the terms."
"The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."
Timestamps:
00:00 - Introduction to Creative Financing
01:07 - Golf Analogy for Real Estate Investing
03:01 - Benefits of SubTo Deals
04:48 - Options for Creative Financing
08:16 - Finding Expired Listings
12:43 - Easier than Cash Transactions
17:00 - Understanding Seller Financing
20:40 - Overcoming Seller Objections
24:36 - The Benefits of Tax Depreciation
30:00 - Creating Win-Win Deals
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc
► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:
http://joingatortribe.com/yt
► Join Our Free Facebook Group to Connect with Pace and his Students:
https://paceapproves.com/freefb-yt
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
PLUG IN & SUBSCRIBE
Instagram: https://www.instagram.com/pacemorby/
TikTok: https://www.tiktok.com/@pacemorby
52 min