The Iced Coffee Hour The Housing Market ‘Great Reset’ - How To Buy A Home For $0! | Pace Morby
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Sep 7, 2025 
Join real estate investor Pace Morby, a creative financing guru, as he unpacks innovative strategies for entering the housing market with minimal investment. Discussion highlights include navigating risks and opportunities in property management, the transformative journey of homelessness to homeownership, and emerging trends like co-living. Morby shares insights on market predictions, the impact of rising interest rates, and how to leverage hard money lending. If you're looking to make savvy real estate moves, this conversation is packed with actionable advice!
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161-Unit Seller-Finance Win
- Pace Morby describes buying a 161-unit property via seller financing and pulling $77,000 net per month with no bank involvement.
- He explains paying the seller $54,166 monthly while the property generates $165,000 in income, highlighting creative seller-finance deals.
Convert Homes To Co-Living
- Use co-living (rent-by-room) to make otherwise unaffordable homes cashflow and house vulnerable populations.
- Tools like PadSplit handle tenant placement and payments so operators can scale co-living with lower vacancy risk.
Homeless To Homeowner Story
- Pace tells Maddie's story: a 59-year-old homeless woman who earned $5,000 as a finder and then bought a house subject-to, renting rooms to net $2,000/month.
- He documents moving her from a shelter into her first home with no money or credit, showing practical pathways for disadvantaged people.
