cover of episode 529: “Free Real Estate”, Negotiations, & Market Cycles | 'Takeover' Ep w Pace Morby

529: “Free Real Estate”, Negotiations, & Market Cycles | 'Takeover' Ep w Pace Morby

Publish Date: 2021/11/9
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p><a href="https://www.biggerpockets.com/blog/creative-financing"><strong>Creative financing</strong></a><strong> solves an important problem</strong> for almost every type of real estate investor. <strong>Don’t have enough cash?</strong> Try creative financing! <a href="https://www.biggerpockets.com/blog/no-credit-bad-credit-fix-finances"><strong>No credit</strong></a><strong>?</strong> Try creative financing! Ran out of conventional loans? You already know what we’re going to say...One of the most knowledgeable real estate investors around, who pretty much reinvented the <a href="https://www.biggerpockets.com/blog/2016-07-03-subject-to-real-estate">subject to deal</a>, is <a href="https://www.pacemorby.com/"><strong>Pace Morby</strong></a>, and he’s here with us today!</p><p>Pace invites four guests onto the show to ask him their most burning questions about<strong> s</strong>ubject to deals, <strong>creative financing, </strong><a href="https://www.biggerpockets.com/blog/pillars-asset-protection-real-estate-investors"><strong>legal protections when investing in real estate</strong></a>, and <strong>how to negotiate with a seller</strong>. Even if you’ve never thought of doing a creative financing structure, Pace may convince you that there’s good reason to be educated on them, as it could help you save thousands in closing costs and allow you to <a href="https://www.biggerpockets.com/blog/scaling-real-estate"><strong>scale your portfolio much quicker</strong>.</a></p><p>In This Episode We Cover:</p><ul>
  • What are novation agreements and why they may be a great secret negotiating tactic 
  • Whether or not today’s housing market shows similar signs to the 2007 crash 
  • How to calculate profits for a potential buyer on a wholesale deal
  • Whether or not an LLC is necessary when buying rental properties or flips
  • The inexpensive team member that could help take HOURS of work off your plate 
  • What to do when a seller won’t come down to your maximum offer
  • And So Much More!
  • Links from the Show

    Check the full show notes here: https://biggerpockets.com/show529

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