Get Creative with Pace Morby How Deirdre Turned Her First Deal Into a Wealth-Building Strategy
Welcome to a new episode of Get Creative! In this episode,Jordan Whittenburg sits down with Deirdre Sommerkamp, a real estate investor, private money lender, and a proud member of multiple creative finance communities. Deirdre shares her journey from joining the SubTo community in May 2023 to closing her first deal just a month later. She dives into how learning about self-directed IRAs changed her investment strategy and allowed her to confidently lend money for real estate deals. If you're interested in private money lending, creative financing, or building wealth through business acquisition, this episode is for you!
Highlights:
"You find people that you click with, and you find people that have similar integrity."
"Investing in relationships is Pace's entire approach to everything he does in business and life."
"It's all about solving problems—whether in real estate, business buying, or in my W2, the principles are the same."
Timestamps:
00:00 - Welcome & Introduction
01:55 - First Deal & Joining SubTo
03:49 - Learning About Self-Directed IRAs
06:34 - Importance of Relationships
09:42 - Early Real Estate Experience
13:19 - Transitioning Skills into Real Estate
16:32 - Consulting for Equity & Business Buying
19:05 - The Results of the First Deal
22:34 - Looking for Future JV Opportunities
25:57 - The Power of Community
► 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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Instagram: https://www.instagram.com/pacemorby/