Get Creative with Pace Morby Creative Financing Wins: From Military Man to Real Estate Master
Welcome to a new episode of Get Creative! In today’s episode, we chatted with Wesley Thompson, a graduate of the SubTo program who found success in real estate using creative financing strategies. Wes shares his journey from military service to becoming a long-term rental investor, highlighting the importance of finding the right market and building relationships.
Highlights
"I don't want to build myself into a business or a job. So I like to keep things as Chad Carson would say, relatively small and mighty."
"It's not necessarily the best idea to be the first one to reach the seller."
"It was very much a relationship thing... the listing agent reached out to me because they already had credibility there."
Timestamps:
00:49 - Meet Wesley Thompson
02:54 - Why Long-Term Rentals?
04:51 - Real Estate Journey: Army to SubTo Graduate
06:28 - First Creative Deal: Subject-To on MLS Listing
09:14 - Finding the Right Market & Seller Situation
12:27 - Wholesalers Paved the Way for Creative Deal
14:31 - Building Relationships with Listing Agents
18:43 - Renovation & Cash-on-Cash Return
21:14 - Creative Financing on the Commercial Side
24:20 - Open to Weird Deals & Building a Team
► 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:
► 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/
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