67 min listen
527: 300 Doors, 100% Creative Financing with Pace Morby
527: 300 Doors, 100% Creative Financing with Pace Morby
ratings:
Length:
79 minutes
Released:
Nov 4, 2021
Format:
Podcast episode
Description
Pace Morby’s name has become synonymous with seller financing, subject to deals, and flipping. He is one of the most educated players in the real estate game on all things related to non-traditional financing. He even taught Brandon Turner, the author of Investing in Real Estate with No (and Low) Money Down, a thing or two on today’s show!Originally working as a contractor, Pace was hired on as a flipper for some popular iBuyer portfolios. He flipped over a thousand homes a year but was doing so without building any wealth for himself. This is when he began flipping his own homes and slowly, steadily building a portfolio of rentals that would provide him with the cash flow he desired. Did we mention he did this entirely without bank financing?Since Pace is the go-to investor for all things creative financing, Brandon and David took advantage of his time on the show to ask him about subject to strategies, seller financing tips, and how he takes a seller from consideration to closing. If you’ve been wondering how to build your rental portfolio without down payments, credit checks, or preapproval from banks, this is THE episode to listen to.In This Episode We Cover:Outsourcing your business so you aren’t the driver of every dealStructuring a subject to deal and using it to create a win for the sellerWhy you shouldn’t be afraid to offer full price on a seller finance dealThe first phrase you should say to any seller when viewing their propertyWhat to do when your “due on sale” clause comes to fruitionHow to find work, meet investors, and grow your brand through social media And So Much More!Links from the Show:BiggerPockets Youtube ChannelTriple Digit Flip on A&EBiggerPockets Podcast 493: How COVID Changed Real Estate Forever (+How it Didn’t!) with Ken McElroyOpendoorZillowStart VirtualRedfinAirbnbKelley Blue BookCraigslistOpen Door CapitalBiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris VossEquity AssuranceThe Moth PodcastBrandon Turner’s InstagramGrant Cardone’s InstagramKen McElroy's WebsitePace Morby Interviews Jerry Norton On How He'd Get His First DealChris Voss' LinkedInFreebies from this episode:Pace's ebook on SubtoExclusive seller video callsCheck the full show notes here: http://biggerpockets.com/show527See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 4, 2021
Format:
Podcast episode
Titles in the series (100)
#22: Building a Marketing Machine, Spec Houses, Flipping & Wholesaling with Tucker Merrihew: While most investors think of real estate investing as buying an ugly property and making it look good, today we sit down with an investor who runs a highly successful investing business that focuses heavily on investing in new home building, along... by BiggerPockets Real Estate Podcast