Get Creative with Pace Morby Maximizing Profits through Creative Financing
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:
► 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/
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