Get Creative with Pace Morby

Creative Financing Secrets with Pace Morby & Grant Cardone

41 snips
Mar 25, 2024
Real estate investor Pace Morby and Grant Cardone discuss creative financing strategies, including no money down deals, seller financing, and controlling debt. They share success stories, legal frameworks, and insights on scaling in multifamily units. Learn how to challenge traditional real estate investing norms and expand your portfolio with innovative approaches.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

43-Unit Seller Finance Deal

  • Pace Morby bought a 43-unit multifamily property using seller financing.
  • The seller, Mario, wanted to avoid capital gains taxes and pass income to his son.
INSIGHT

Seller Financing Tax Implications

  • Sellers using seller financing only pay taxes on the portions of the sale they've received.
  • This protects them in case the buyer defaults, as they haven't received the full amount yet.
ADVICE

Finding Seller Finance Deals

  • Target foreclosures and expired listings for seller-financed deals.
  • These sellers are often more motivated and open to creative financing terms.
Get the Snipd Podcast app to discover more snips from this episode
Get the app