Pace Morby
Pace Morby
  • Видео 3 050
  • Просмотров 42 450 083
IN PERSON Seller Appointment | How I Talk to Sellers About Creative Finance
In the second part of the seller knockout series, Pace Morby meets Sherrilyn, the seller at her property to discuss her options. He emphasizes a crucial point: agents usually offer just one option - to sell traditionally and pay all the fees. Creative finance, however, provides multiple and often better options.
Pace reviews local comps and introduces the "seller net sheet," which outlines where all the money goes and what the payments will look like. Sherrilyn shares her frustrations with her agent's lack of effort. Pace offers advice on working with agents and what to ask for to avoid similar issues in the future.
Pace breaks down the costs and net proceeds if Sherrilyn works with an agen...
Просмотров: 4 510

Видео

I Said I Wouldn’t Buy a Deal Like This…
Просмотров 3,3 тыс.14 часов назад
Join Pace Morby at Mountain View RV Resort in Montana as he shares the incredible story of how he bought this RV park using creative finance methods (not subject to or seller finance). This deal is a job killer-it cash flows so much it can replace any corporate job out there! In this video, Pace dives deep into the creative BRRRR strategy he used to acquire the property without using his credit...
How I Scored a $3.7M Ranch for Just $1 Down!
Просмотров 4,4 тыс.16 часов назад
In this video, Pace Morby reveals how he scored a $3.7M Kalispell, Montana property for just $1! Dive into this subject to/seller finance hybrid deal and discover the secrets behind why you’d buy an expensive property even if you think you can’t afford it. Pace breaks down how he purchased this luxury home part subject to, part seller finance, and why the seller chose him. He shares the seller'...
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Комментарии

  • @debrabe
    @debrabe Час назад

    No

  • @rrgorena
    @rrgorena 2 часа назад

    I like the way you explained that

  • @RobertHasty
    @RobertHasty 3 часа назад

    This is why I joined subto, to help people. Would love to knock doors as my time permits.

  • @nievesalvarez6143
    @nievesalvarez6143 3 часа назад

    You never talk about paying property taxes which will impact all the number and exit strategies.

  • @goldstar9174
    @goldstar9174 3 часа назад

    This was not about seller's financing. You just talked to a dude you already knew.

  • @jerrysantiago8106
    @jerrysantiago8106 4 часа назад

    I have my own money don’t need your just a conversation

  • @jerrysantiago8106
    @jerrysantiago8106 4 часа назад

    Jerry Santiago want to join your group from mentorship

  • @cesarlopes9224
    @cesarlopes9224 4 часа назад

    Very awesome video, I like that he empathizes with this seller, trying to understand where she comes from. 👋

  • @RobertHasty
    @RobertHasty 4 часа назад

    You own chickens and haven't offered us subto students free eggs? 😅

  • @RobertHasty
    @RobertHasty 4 часа назад

    We just completely renovated our travel trailer for less then $1k did all the work ourselves. Currently for sale and I'm a subto student. If it doesn't sell I'll offer seller financing or rent it out.

  • @Titans_Real_Estate_KW_Smart_1
    @Titans_Real_Estate_KW_Smart_1 5 часов назад

    I’m a new agent and want to do it right. I have a wholesaler that I’m working with. How do I find a buyer for the property?

  • @mthd-po1sr
    @mthd-po1sr 6 часов назад

    Pyramid scheme....rite?

  • @user-cd3xd9qw9g
    @user-cd3xd9qw9g 6 часов назад

    With no credit how does a seller trust you to take over their mortgage?

  • @leoniek6933
    @leoniek6933 8 часов назад

    Hey pace community is owesome

  • @user-ci1ob5no3q
    @user-ci1ob5no3q 8 часов назад

    creative financing in two sentences for all of you deeeep sheeets , : either a home owner is down for you to take over payments, or not, you will never convince someone otherwise, and most of the time, there in either : no equity second house mortgage, or have time and don't want to pay taxes on the sale, or foreclosure. Literally its either the homeowner is down or not. Fact. There is no convincing. That's why his mentorship is a joke. Need paperwork, get a TC (transaction coordinator at most, or preferrably, just a real estate attorney). This community is clown status asf .

  • @user-ci1ob5no3q
    @user-ci1ob5no3q 8 часов назад

    literally no seller sits like this and foook'n cares, this dude is such a clown, his students who pay 7500 are now going into other mentorships to actually do real estate, because this dude is clowned da foooook out ,

  • @EstatusBestia
    @EstatusBestia 8 часов назад

    ok ok ok but wait...I don't have $100k or proof of funds to show the underwriter. What then? No SUB2's to for me!

  • @amp7816
    @amp7816 9 часов назад

    In a "subject-to", what if there is a 2nd position mortgage that is substantially higher than the first, could the new owner refinance the 2nd mortgage only without affecting the 1st? Or would the entire mortgages need to be refinanced? How would a lender view that?

  • @EstatusBestia
    @EstatusBestia 9 часов назад

    Pace Morby don't I need good credit for a lease option? I've seen lease option owners ask for good credit.

  • @FreshSongs-AND-SOON-Politics
    @FreshSongs-AND-SOON-Politics 9 часов назад

    You did so well! Thank you for your service to us 🙏 I have NO idea what motivated you to help so many of us out like this, but it's a blessing I'll never forget. Subscribed. I will definitely pay it forward if it works out (I am VERY confident.), and come back here to send you something if you have that option on your account.

  • @kristinawinkle6407
    @kristinawinkle6407 10 часов назад

    Buyer

  • @kristinawinkle6407
    @kristinawinkle6407 10 часов назад

    Good momma !Laura how sweet that is ...

  • @kristinawinkle6407
    @kristinawinkle6407 10 часов назад

    I need your help I'm willing to do anything but I can't travel

  • @kristinawinkle6407
    @kristinawinkle6407 10 часов назад

    I need you to come to my town Hughson ca,

  • @FreshSongs-AND-SOON-Politics
    @FreshSongs-AND-SOON-Politics 10 часов назад

    It appears some people still fear. Here's what I found: 1. This use to be THE legit way of buying houses, but banks saw they could profit off of loans by adding interest. 2. The person can't have the deed back if they signed it over. 3. The bank can't reposes if the house notes are caught up. So, catch it up, or just make a plan to get that done. Maybe get one not too far behind. 4. If seller doesn't trust or if you just feel bad, put in the contract that you will return the deed if payments fall behind a certain amount, if that can be done. However, don't ever geel bad about it if it can't be done and you pay your bills on time. You are helping EACH OTHER. You get the house, they save their credit among many other things, allowing them to not only stay qualified to buy a new house in the future, but to do so with the credit boost from YOUR hard work in making all the payments.

  • @peterslivkoff2108
    @peterslivkoff2108 10 часов назад

    Michael Franke is the freakin man! Side note: Teachers in ancient Japan were 3rd in the hierarchy - Emperor, Nobles / Lords, then Teachers and they were compensated as such. Somehow modern society has polarized this. How lame is that

  • @user-kd1fi2qv6z
    @user-kd1fi2qv6z 12 часов назад

    This guy is really concerned with balls

  • @benj1236
    @benj1236 12 часов назад

    Yeah this sounds like a scam. This is why you should never trust a realtor. They decided not to sell, so you feel entitled to 25K$ SMH.

  • @snowybookwyrm
    @snowybookwyrm 14 часов назад

    hm. tell me, what job do you work? i work nearly full time, at a job that pays relatively well, and i cant afford to live by myself. just wondering what kind of pay you get that gives you the right to talk down on people like this

  • @scottfrazier-buildingonpurpose
    @scottfrazier-buildingonpurpose 14 часов назад

    Good job Pace. Love your passion for people. I am close to signing up and can not wait.

  • @andrewnutt5064
    @andrewnutt5064 14 часов назад

    Hi do you know of any banks that will allow an owner carry second position?

  • @JustB904
    @JustB904 16 часов назад

    “You gotta slave harder to keep up the masters money”. 😂 That’s what I heard.

  • @keatontempesta2364
    @keatontempesta2364 17 часов назад

    But option B has the lower down payment 6:08

  • @shashankkaul7747
    @shashankkaul7747 18 часов назад

    Amazing energy 1:06:57 🎉

  • @shashankkaul7747
    @shashankkaul7747 18 часов назад

    Wow 🤩 yes 🙌 1:03:28

  • @DiaParks
    @DiaParks 18 часов назад

    Very informative, but I just skip VA Loans altogether. Maybe down the road I will revisit them? Because there are a ton of them where I am.

  • @carmdiaz3689
    @carmdiaz3689 18 часов назад

    What kind of tracker do you use for the vehicle? There are some that are easily removed and I would like to avoid those.

  • @carmdiaz3689
    @carmdiaz3689 18 часов назад

    Thank you for your videos! I’m trying to learn from you with several of your videos as I’m trying to do the same with my suv!!

  • @Amilcardelvillar
    @Amilcardelvillar 18 часов назад

    This video answer a lot of my questions. Thanks.

  • @shashankkaul7747
    @shashankkaul7747 18 часов назад

    This is amazing appreciate you guys sharing this! Due on sale clause, Deed of trust and promissory note. Appreciate you guys!

  • @igisvlogs
    @igisvlogs 19 часов назад

    Could I buy a home through this program of yours as my personal home and just get finance with you? Meaning : finding a house myself locally

    • @PaceMorby
      @PaceMorby 18 часов назад

      No. I need to find the house. I need to buy it with creative finance.

  • @hedrasgudiel6603
    @hedrasgudiel6603 20 часов назад

    Good job

  • @franklinhopkinsjr1065
    @franklinhopkinsjr1065 22 часа назад

    Thank you Pace for this awesome content.

  • @iBenjamin1000
    @iBenjamin1000 День назад

    Where do guys like this get the confidence to be so damn stupid

  • @Robheinn
    @Robheinn День назад

    I’m also an Amex guy😎

  • @ImDavinci
    @ImDavinci День назад

    Who has a mls contract??