The Rich Somers Report You Can Buy Real Estate w/ No Money & No Credit?! | Pace Morby E377
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Jul 26, 2025 
Pace Morby, a savvy real estate investor and educator renowned for his creative finance techniques, joins the conversation. They delve into the concept of 'subject-to' real estate deals, finding motivated sellers, and strategies to negotiate favorable financing. The duo discusses transforming landlords into empowered lenders and the importance of understanding seller motivations. Additionally, they highlight innovative financing options that challenge traditional property valuations, encouraging a fresh perspective on real estate investment.
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Target Sellers with Expired Listings
- Target sellers with expired listings who have unsuccessfully tried to sell on the market.
- Offer to take over their payments to meet a realistic sale price without extensive positioning.
Handle Payment Default Objections
- Address seller concerns about missed payments by ensuring deals are cashflow-positive.
- Structure deals so sellers are reassured by the buyer's incentive to make payments on time.
Upgrade Landlords to Lenders
- Upgrade sellers from landlords to lenders by explaining benefits like less responsibility and higher quality income.
- Use a CPA to educate sellers on the tax advantages of seller financing for retirement.