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Wholesale Hotline

How I Snagged a $3.7M Ranch With A Single Dollar -- Full Subto Deal Breakdown | Subto Show

Oct 11, 2024
49:49

On today's Wholesale Hotline (Subto Edition), Pace walks us through a creative finance deal and breaks it all down.

Show notes — in this episode we'll cover:

  • Pace shares how he bought a 20-acre property in Montana with just $1 down using creative financing strategies.
  • Pace breaks down how “subject to” and seller financing work, explaining how these methods allow buyers to bypass traditional bank loans, high interest rates, and credit checks.
  • Full deal breakdown: how Pace structured a win-win deal with the seller, avoiding taxes and securing low interest terms on a $3.7 million property.
  • Myths busted: no need for 20% down, 7% interest rates, or a good credit score—Pace shows how creative financing can be applied to buy luxury homes, RV parks, and more.
  • How Pace plans to turn the Montana property into a profitable event venue, hosting weddings, masterminds, and retreats.
  • Strategies for finding subject to and seller finance deals, including top platforms like Investor Lift, Privy, and Landwatch.
  • Risks and rewards: Pace covers potential challenges like dealing with the “due on sale” clause and how to protect sellers’ credit.

 

☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️

Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:

✌️ https://shor.by/pace-youtube ✌️

🗝🗝 FREEBIES 🗝🗝

📑 FREE assignment contract: https://www.pacejmorby.com/assignment...

📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...

📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling

📑 FREE cold texting script: https://www.pacejmorby.com/text

📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure

📑 FREE disposition checklist: https://www.pacejmorby.com/dispo

📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping

📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water

📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos

📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller

📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...

📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss

Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536

 

👽✌️ Learn from Pace and Cody 👽✌️

🔸Follow Pace on IG: https://www.instagram.com/pacemorby

🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk

🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service

🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST

🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST

⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️

🚧🚧🚧 DISCLAIMER 🚧🚧🚧

I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY

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