Get Creative with Pace Morby cover image

Get Creative with Pace Morby

How to Earn $230K a Year in Real Estate

Oct 26, 2024
22:35

Welcome to a new episode of Get Creative! Today, we're diving into the fascinating world of no-money-down real estate deals. We'll explore a real-life example of acquiring a home using creative financing strategies like subject-to loans, seller financing, and more. I'll break down the numbers, explaining each step of the process, from acquisition to cash flow strategies. If you're interested in real estate investment and looking for innovative ways to leverage your deals, this is an episode you won't want to miss! 

 

Highlights:

"You could buy 12 of these deals, get paid up front to do it, and you're set for life."

"We took over three mortgages with no money out of our pocket and got paid $15,000 to buy the deal."

"The biggest reasons why she sold to us is because she wanted all her equity out of the house."

"This is how I’m buying deals with no money, no cash, no credit, and getting paid in the process."

 

Timestamps:

00:00 - Introduction to No Money Down Deals 

02:30 - Breaking Down the Real House Purchase 

05:00 - Detailed Explanation of Financing Strategies 

08:16 - Overview of the Subject-To Deal Structure 

10:45 - Cash Flow Analysis and Profit Strategies 

15:00 - Deep Dive into Refinancing Options 

18:20 - Tax Benefits and Cost Segregation Explained 

22:00 - Long-Term Financial Impact of Real Estate Investments 

25:30 - Challenges and Considerations in Creative Financing 

28:50 - Closing Thoughts and Key Takeaways

 

► 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:

http://joingatortribe.com/yt 

 

► 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/ 

 

PLUG IN & SUBSCRIBE

Instagram: https://www.instagram.com/pacemorby/ 

TikTok: https://www.tiktok.com/@pacemorby 

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