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The Aha Moment to Building a Massive Rental Portfolio with Pace Morby
Are you interested in buying properties without using your own money? Many people are learning how to use other people's money to invest in real estate. If you're willing to learn, there are creative ways to finance your purchases. Today's guest will show you how in this episode of Wealth Without Wall Street.
Pace Morby is one of the hosts of the TV show The Triple Digit Flip. He is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. Pace flipped over a thousand homes a year but did so without building any wealth for himself. Then he had an aha moment which started him on his path to building his rental portfolio using creative financing strategies.
He was first featured in this podcast in May 2020 (Episode 139), where he talked about Creative Financing Options for Real Estate Investors. Now he's back to share a few more of his most memorable stories about closing deals using creative financing, specifically Subject To. If you want to try real estate investing but need more capital, this episode will open your eyes to unlimited possibilities.
Top 3 Things You’ll Learn:
It's never about the house. It's always about the situation.
How to structure a deal, so it's a win-win situation for both the buyer and seller.
The value of a compelling story and a genuine offer to help
About Our Guest:
Pace Morby is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. He flipped over a thousand homes a year but did so without building any wealth for himself. That's when he began flipping his own houses and slowly, steadily building a portfolio of rentals that would provide him with the cash flow he desired without bank financing. Pace has mastered the art of creative financing and built a massive portfolio using a 100% creative financing approach.
Connect with Pace Morby:
Website - https://www.subto.com/
Triple Digit Flip - https://www.aetv.com/shows/triple-digit-flip
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YT Questions:
4:24 - What is Sub To? Where did it come from, and how did you get involved?
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