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Welcome to a new episode of Get Creative! In this episode, Pace shares his journey from being a contractor to becoming a renowned real estate investor with Mindy Jensen and Scott Trench from BiggerPockets Money. We'll dive deep into creative finance strategies, including seller financing and subject to deals, and uncover the importance of finding the "bunnies" in every transaction. Get ready to learn, be inspired, and take actionable steps towards your financial freedom.
Highlights:
"Real estate is not about the house; it's about the seller and helping them out."
"The value of something is not the purchase price; it's what you can do with it."
"Equity comes and goes, but the cash will always flow."
"In creative finance, relationships with people one step ahead of you are the most important thing."
Timestamps:
00:00 Introduction to the Episode
04:51 Pace Morby's Background and Journey
09:45 The Importance of Finding the "Bunnies"
13:53 Getting Started in Real Estate Investing
18:15 First Creative Finance Deal
25:00 Transition from Contractor to Investor
33:10 Seller Finance and Subject To Explained
40:00 Benefits of Creative Finance Over Traditional Methods
48:56 Strategies for Finding Creative Finance Deals
58:25 Companion Guide for Creative Finance Book
► 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
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