Get Creative with Pace Morby
Get Creative with Pace Morby
Pace Morby
Creative Collaboration in Real Estate with Julie Nicholson and Matt Schaeffer
13 minutes Posted Apr 1, 2024 at 9:47 pm.
Introduction to Creative Financing with Julie & Matt
The Origin of the Temecula Wrap Deal
Understanding the Seller's Motivation
Julie Steps In as the Buyer
Representing the Buyer and Structuring the Deal
Julie's Rental Strategy and Payments
Non-Cash Flowing Deal Justification
Matt's Innovative Commission Arrangement
Julie's Goals for 2024
Matt's Business Outlook and Contact Info
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Show notes
Welcome to a new episode of the Get Creative podcast. In this episode, we dive into the world of creative financing in real estate with Julie Nicholson and Matt Schaeffer. This duo shares their journey of collaborating on a wrap deal that showcases innovation, teamwork, and strategic thinking. Julie, a brilliant investor, navigated through a unique purchasing scenario, while Matt, wearing multiple hats as a real estate agent and creative finance enthusiast, facilitated the deal with remarkable flexibility. Their story is set in Temecula, proving that creative financing can thrive even in California's competitive market. Join us as we discover the layers of this deal, from the initial connection through a SubTo acquisition to a successful rental strategy, all while overcoming challenges with creative solutions. 
 
Highlights:
"You're telling me we can do creative finance deals in California? I thought that was illegal. Unheard of."
"How is this even possible? I cannot believe that we're beating the whole entire everybody else is going getting 7% We're getting four and a half percent low money down."
"Look how they teamed up. They helped each other out and they were creative on more than one account."
 
Timestamps:
 
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