527: 300 Doors, 100% Creative Financing with Pace Morby 01:19:28

    <p><a href="https://www.pacemorby.com/"><strong>Pace Morby</strong></a>’s name has become synonymous with <strong>seller financing</strong>, <a href="https://www.biggerpockets.com/blog/2016-07-03-subject-to-real-estate"><strong>subject to deals</strong></a>, and flipping. He is one of the most educated players in the real estate game on all things related to <strong>non-traditional financing</strong>. He even taught Brandon Turner, the author of <a href="https://store.biggerpockets.com/products/investing-in-real-estate-with-no-and-low-money-down"><em>Investing in Real Estate with No (and Low) Money Down</em></a>, a thing or two on today’s show!</p><p>Originally working as a contractor, Pace was <strong>hired on as a flipper for some popular </strong><a href="https://www.biggerpockets.com/blog/real-estate-ibuyers-versus-agents"><strong>iBuyer portfolios</strong></a>. He<strong> flipped over a thousand homes a year </strong>but was doing so without building any wealth for himself. This is when he began flipping his own homes and slowly, steadily <strong>building a portfolio of rentals</strong> that would provide him with the cash flow he desired. Did we mention he did this entirely <strong>without </strong><a href="http://www.biggerpockets.com/blog/wp-content/uploads/2015/08/UnlockingtheSecrettoBankFinancing-PDF-3.pdf"><strong>bank financing</strong></a>?</p><p>Since Pace is the go-to investor for all things <strong>creative financing</strong>, Brandon and David took advantage of his time on the show to ask him about <strong>subject to strategies</strong>, <a href="https://www.biggerpockets.com/blog/2013-11-05-seller-financing"><strong>seller financing</strong></a><strong> tips</strong>, and how he takes a seller from consideration to closing. If you’ve been wondering how to <strong>build your rental portfolio without down payments, credit checks, or preapproval</strong> from banks, this is THE episode to listen to.</p><p><strong>In This Episode We Cover:</strong></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-business-podcast-41-nathan-hirsch"><strong>Outsourcing your business</strong></a> so you aren’t the driver of every deal</p><p><strong>Structuring a subject to deal</strong> and using it to create a win for the seller</p><p>Why you <strong>shouldn’t be afraid to offer full price </strong>on a seller finance deal</p><p>The<strong> first phrase you should say to any seller</strong> when viewing their property</p><p>What to do when your <a href="https://www.biggerpockets.com/blog/2010-07-11-are-you-afraid-of-the-due-on-sale-clause"><strong>“due on sale” clause</strong></a> comes to fruition</p><p>How to<strong> find work, meet investors, and </strong><a href="https://www.biggerpockets.com/blog/rookie-podcast-118-katie-brinkley"><strong>grow your brand</strong> through social media </a></p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show:</strong></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://www.aetv.com/shows/triple-digit-flip">Triple Digit Flip on A&amp;E</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-493-ken-mcelroy">BiggerPockets Podcast 493: How COVID Changed Real Estate Forever (+How it Didn’t!) with Ken McElroy</a></p><p><a href="https://www.opendoor.com/">Opendoor</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://www.startvirtual.com/">Start Virtual</a></p><p><a href="https://www.redfin.com/">Redfin</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.kbb.com/">Kelley Blue Book</a></p><p><a href="https://www.craigslist.org">Craigslist</a></p><p><a href="https://odcfund.com/">Open Door Capital</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-260-ultimate-guide-negotiating-with-fbi-hostage-negotiator-chris-voss">BiggerPockets Podcast 260: The Ultimate Guide to Negotiating (for the Negotiation-Averse) With Former FBI Hostage Negotiator Chris Voss</a></p><p><a href="https://www.equityassurance.us/">Equity Assurance</a></p><p><a href="https://themoth.org/podcast">The Moth Podcast</a></p><p><a href="https://www.instagram.com/beardybrandon/">Brandon Turner’s Instagram</a></p><p><a href="https://www.instagram.com/grantcardone/">Grant Cardone’s Instagram</a></p><p><a href="https://kenmcelroy.com/">Ken McElroy's Website</a></p><p><a href="https://www.youtube.com/watch?v=kApc1A0drL4">Pace Morby Interviews Jerry Norton On How He'd Get His First Deal</a></p><p><a href="https://www.linkedin.com/in/christophervoss/">Chris Voss' LinkedIn</a></p><p><strong>Freebies from this episode:</strong></p><p><a href="https://bit.ly/pace-ebook">Pace's ebook on Subto</a></p><p><a href="https://www.pacejmorby.com/biggerpocketsvideos">Exclusive seller video calls</a></p><p><br></p><p>Check the full show notes here: http://biggerpockets.com/show527</p>
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