Get Creative with Pace Morby cover image

Get Creative with Pace Morby

Maximizing Profits through Creative Financing

Nov 29, 2024
18:11

Welcome to a new episode of the Get Creative podcast! Today, we're joined by Ashley Abbott from Kansas City, who shares his remarkable journey of rolling profits from a fix and flip into multiple creative finance deals. It’s a fascinating story that reveals how Ashley transformed a single property transaction into significant growth opportunities, effectively tripling his investments through strategic financial maneuvers.


Highlights:

"I could not comprehend that you can go get a property with little or no money down."

"This is the most amazing, incredible thing I've ever heard of in my life. This can't be real."

"It's funny when people reference that podcast... they say they thought it was a scam."

"You're kind of poisoned now by creative finance where you have a hard time not doing creative finance deals."

 

Timestamps:

00:00 Introduction and Guest Welcome 

00:38 Ashley Abbott's Initial Experience with Triplex 

02:20 Negotiating Property Prices and Making Deals 

03:27 Challenges and Appraisal Issues with Property 

04:08 Selling Property and Realizing Profits 

05:00 Discovering SubTo Deals and Expanding Portfolio 

06:17 The Shift to Creative Finance and Mentorship Influence 

07:19 Strategic Investment Using Creative Finance Techniques 

08:20 Securing Properties with Optimized Financing 

09:26 Dealing with Properties and Securing More Deals 

10:53 Finalizing Creative Finance Deals and Outcome 

11:51 High Valuation Sales and Investment Growth 

12:47 Comparing Traditional and Creative Finance Results 

14:29 Review of Financial Outcomes from Creative Deals 

16:13 Ongoing Search for Deals and Private Money 

17:10 Closing Remarks and Future Plans


► 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 

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode