Creative Finance Explained for BEGINNER Investors

Описание: Watch Pace Morby’s speech at STR Wealth Conference 2024 in February where he dives into what creative finance is and how powerful it is when you’re brand new in real estate. He begins his speech with his background and what events led him to discovering creative finance and the subject to strategy. Since the audience contains people from all walks of life, he explains subject to in simple real-life examples such as buying and selling iPhones, and purchasing groceries on credit cards.

Pace emphasizes that one of the greatest things about being in real estate is the skills, relationships, and stories you acquire along the way. He also talks about why traditional real estate transactions and real estate agents are living in the past. The greatest opportunity in real estate is through leveraging creative finance strategies such as subject to and seller finance. He closes his speech by talking about the free Facebook group, Creative Finance With Pace Morby, and how it’s helped countless people get their first deals.

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► The next LIVE Training is here - join Pace Morby December 15-18 at 11AM PT | 2PM ET and learn how to turn one property into multiple income streams with co-living. Register for FREE here: https://subto.sjv.io/kOBr2n

► 100 City Tour is kicking off soon! Will we be stopping in your city? Meetups in every city and is open to everyone. Come join us!
https://bit.ly/TheCreativeNationTour

► Get Pace’s brand new eBook "SubTo A to Z" and learn how to buy real estate without cash, credit, or banks - step by step from deal to close:
https://subto.sjv.io/DyxqBG

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► Learn how you can become a Real Estate Success Story:
https://getcreativepodcast.com/

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Chapters:
0:00 - Intro
0:20 - Filing Bankruptcy
8:25 - Crazy Deal
18:07 - Creative Finance is Easiest Way to Get a Deal
19:05 - BRRRR Strategy
21:57 - Acquiring Real Estate With Creative Finance
22:47 - iPhone Example
32:43 - Real Estate Agents
36:12 - Buying Groceries With Credit
39:09 - Where to Get First Creative Finance Deal
40:06 - Real Subject To Deal
42:44 - Creative vs Traditional Real Estate

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🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎