

Revealing Real Estate Investor's Blueprint
13 snips Mar 28, 2024
Real estate expert Clint Coons joins Pace Morby to dive into creative real estate investing strategies. They discuss the art of deal structuring, creative financing, negotiating tips, finding direct seller deals, foreclosures, and expanding real estate education. The episode is packed with insights for investors of all levels.
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Creative Financing in Seller's Markets
- Use creative financing terms to make seemingly expensive deals work in your favor.
- Focus on making the terms favorable to you, even if the initial price seems high.
The 18-Plex Deal
- Pace Morby secured an 18-plex in Alabama for $2 million, offering $200,000 more than other bidders.
- The seller questioned his legitimacy due to the high offer, but Pace's favorable terms made the price insignificant.
The Morby Method
- Pace Morby developed the "Morby Method" for deals requiring large down payments.
- It involves getting a non-recourse loan for 75% of the purchase and having the seller finance 25%, offering them a large down payment.