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Welcome to a new episode of the Get Creative Podcast, where we break down the world of creative finance. In this episode, we dive deep into the intricate process of a hybrid real estate deal, featuring insights from Angel Arellanes and Jordan Hirschfeld. Join us as we explore the challenges and triumphs they encountered, from navigating attorney hurdles to securing a profitable transaction. Whether you're a seasoned investor or just starting out, this episode is packed with valuable lessons on creative finance strategies.
Highlights:
"Collaboration is key. You don't know what you don't know until you know."
"When you truly have motivated buyers and sellers, patience becomes a virtue."
"Always vet your title companies and attorneys. That can make or break your deal."
"The mentorship and communities really help ramp up your potential."
Timestamps:
00:01 - Introduction to the Get Creative Podcast
01:44 - The Beginning of a Hybrid Deal in Wyoming
04:17 - From Novation to Hybrid: A Journey in Creative Finance
06:44 - Incorporating Jordan as a Transaction Coordinator
09:21 - Challenges of Finding the Right Attorney
12:33 - Keeping the Seller Engaged During a Long Process
16:20 - Breaking Down the Deal Numbers
20:00 - Understanding Hybrid Deals: Sub Two and Seller Carry
23:25 - Advice for Joining the Sub Two Community
28:27 - Transitioning to Full-Time Real Estate
31:04 - Final Advice: Vetting Title Companies and Attorneys
► 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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