Get Creative with Pace Morby
Get Creative with Pace Morby
Pace Morby
Revealing the Secrets of $0 Down Real Estate Deals
57 minutes Posted Mar 23, 2024 at 7:00 pm.
Creative Financing Intro
Multifamily vs. Single Family
Mastering Sub-to Deals
Hybrid Deal Breakdown
Underwriting Multifamily Deals
Due Diligence and Seller Lies
Agent Challenges in Creative Deals
Sub-to & Multifamily Closing Times
Length of Ownership Strategy
Executive Contracts & Risk Management
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57:55
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Show notes
Welcome to a new episode of the Get Creative podcast. Today, we dive into the world of creative real estate financing as I join David Greene and Rob Abasolo on their podcast BiggerPockets Real Estate Podcast. 
 
In this episode, I share the mastermind behind countless successful $0 down deals. I’ll discuss how I usually navigate the complexities of SubTo financing, negotiate multifamily units, and transform challenges into opportunities. Whether you're a seasoned investor or just starting out, these insights are important to get you into creative financing, going to help you understand seller motivations and the magic of structured deals. Take advantage of these strategies that could open the door to your next big deal!
 
Highlights:
"Buyers are liars, sellers are worse. You have to be good at these things to overcome objections because people are not going to seminars like we are, they're not watching hundreds of YouTube videos."
 
"A SubTo or seller finance deal can be done in less than four hours... It's take out five people out of the transaction; all you're doing is transferring the deed."
 
"The receipt of real estate is called the deed. Whoever has the receipt is who owns that property."
 
Timestamps:
 
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