Get Creative with Pace Morby Pace Morby

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: 
http://joinpacescommunity.com/ 
► 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:
http://jointoptiercommunity.com/
 
► 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 the Get Creative podcast! In this episode, Britt Christian delves into her successful real estate deals, all made possible through the SubTo and Gator communities. Britt shares how she navigated challenges, leveraged community support, and made substantial returns on her investments. This episode is packed with insights into earnest money deposits (EMD), creative financing, and the power of a supportive community.
 
Highlights:
 
"Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."
 
"Positive conversations can release oxytocin, making us feel better and more energized."
 
"Everyone can bring value regardless of where your background is from or where you live."
 
Timestamps:
00:01 - Introduction to Get Creative Podcast
00:35 - 18-Minute Challenge and Community Impact
01:41 - Understanding EMD (Earnest Money Deposit)
02:42 - Leveraging Community for Opportunities
03:49 - Learning from Mistakes
06:13 - Swift Returns on Investment
08:08 - Ensuring Safe Transactions
09:57 - Joining Gator by Mistake
13:18 - Benefits of a Transaction Coordinator (TC)
17:28 - Sage Advice for New Investors
 
Join my Gator mentorship: joingatortribe.com
 
Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Welcome to a new episode of Get Creative. In this episode. Molly chats with Justin Burch and Michael Baker about their journey in the world of real estate. They discuss navigating tricky deals, leveraging community expertise, and the benefits of creative financing. From dealing with non-communicative sellers to exploring opportunities in assisted living. 
 
Highlights:
 
"Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."
 
"Positive conversations can release oxytocin, making us feel better and more energized."
 
"You can't dive deep enough into each of those topics to really get great at any of those things."
 
Timestamps:
00:46 - The Louisiana Deal
02:41 - Hiring Mike as TC
03:43 - Title Report Issues
07:22 - Negative Escrow Surprise
08:17 - Interest in Assisted Living
09:30 - Exploring Zoning Regulations
11:56 - Creative Closing Strategy
13:55 - Learning and Networking
17:28 - Advice for New Investors
 
Join my SubTo Mentorship: https://subto.sjv.io/Kj56xe
Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Welcome to a new episode of Get Creative. In this episode, I joined RJ Bates over at The Titanium Vault! We discuss our journeys in creative real estate. We also talk about bouncing back from financial setbacks, leveraging creative financing, and documenting his path to success. This episode is brimming with valuable insights, practical advice, and inspiring stories that will leave you motivated to take on the real estate world creatively. 
 
Highlights:
"Most people don't get anywhere in life because they just don't feel like pushing any harder."
 
"We all have more in the tank than we think we do."
 
"Positive conversations can release oxytocin, making us feel better and more energized."
 
Timestamps:
01:11 - Creative Financing Expertise
02:20 - Creative Financing Strategies
04:05 - The Power of Marketing and Ads
07:05 - The Importance of Documentation
09:23 - Navigating Financial Setbacks
11:19 - Becoming the SubTo Guy
23:02 - Building a Brand Through Chaos
35:11 - Over-serving as a Way of Life
45:42 - Setting the Pace and Creating New Ideas
 
Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Welcome to a new episode of Get Creative. In this episode, I joined Nick Lamagna on The A Game Podcast. In this episode, I reveal the secrets behind my creative financing strategies and the journey from contractor to industry leader. I also talk about many ways to overcome financial setbacks, manage contractors, and the power of creative finance in today’s market. 
 
Highlights:
"The goal of business is to make money now and in the future. If you're chasing old money, you're not doing either."
 
"Every time I step away from my business, it grows because my team takes ownership and thrives."
 
"Creative financing is the fastest, easiest way to build long-term wealth and make money today in terms of cash flow."
 
Timestamps:
03:48 - Loving the Real Estate Game
06:23 - The Power of Rocket Fuel
08:56 - Transition from Construction to Investing
10:36 - Buying a Franchise and Learning Creative Finance
11:52 - Handling Financial Setbacks
15:00 - Managing Contractors Effectively
29:55 - Understanding Creative Financing
44:00 - Protecting Against Market Shifts
 
Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Welcome to a new episode of Get Creative! Today, Molly sits with Rocio Pineda and Daniella Devine to discuss their challenging yet successful real estate deal in Alamogordo, New Mexico. They share their firsthand experiences of navigating complex transactions, overcoming multiple obstacles, and the importance of community and persistence. From dealing with unique state regulations to leveraging the power of mentorship, this episode is filled with insights and lessons for both new and experienced investors.
 
Highlights:
"We’re not just doing deals; we’re solving real problems, turning challenges into opportunities."
 
"Every transaction is different, and there's always something new to learn."
 
"Helping people and building trust is the true reward; the financial gain is just a cherry on top."
 
Timestamps:
00:00 - Meet Rocio & Daniella
00:50 - The New Mexico Challenge
01:45 - The Deal Begins
03:17 - JV Partnership
05:18 - Overcoming FHA Hurdles
07:22 - Finding a Solution
09:55 - The Role of Attorneys
12:03 - The Rewarding Outcome
15:11 - Joining the Communities
17:46 - Continuous Learning
 
Join my Top Tier TC mentorship: https://toptiertc.pxf.io/y2NKZG
 
Join Our Free Facebook Group: https://paceapproves.com/fbg-pod