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Get Creative with Pace Morby
Million Dollar Moves: A Creative Real Estate Breakthrough With Noel Yaddiel Yoha
Apr 23, 2024
Guest Noel Yaddiel Yoha discusses navigating multimillion-dollar real estate deals with creative financing. Topics include unexpected family drama, challenges in the luxury market, emotional impact on the seller, final negotiations, and reflecting on the journey. The podcast showcases the power of creative financing in real estate deals.
39:17
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Quick takeaways
- Finding motivated sellers through creative financing can lead to lucrative real estate deals.
- Understanding the personal motivations behind a sale can unveil hidden complexities in real estate transactions.
Deep dives
The Lucrative Creative Finance Deal
Making an impressive $694,000 profit on a single family home deal through creative finance was a remarkable achievement for the trio. The deal, sourced from various platforms including PropStream, involved sending a simple text blast to inquire about a cash offer, which led to discovering a mansion worth $1.1-1.35 million as-is. Despite initial hesitation due to the property's value, a motivated seller's urgent need to clear a $150,000 balloon payment provided a unique opportunity.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode