Earn Your Happy

How She Went from Homeless to $580k Homeowner in 30 Days (Part One) with Pace Morby

Nov 3, 2025
Guest
Pace Morby
Join Pace Morby, a real estate investor and community builder, as he shares the inspiring journey of helping Maddie transition from 4½ years of homelessness to becoming a $580k homeowner in just 30 days. He breaks down the powerful strategies involving creative finance and co-living models that made this transformation possible. Discover the impact of the Creative Nation Tour, aimed at housing 120 families, and learn how simple daily tasks can lead to financial freedom. Pace also dives into the importance of environment and mindset in achieving unconventional goals.
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ADVICE

Use Co-Living To Cover Mortgage

  • Use co-living (pad-splitting) to convert single-family homes into multiple rentable rooms with utilities included.
  • Buy or acquire a house with no money down (sub2) and let tenants cover the mortgage to produce cashflow.
ANECDOTE

From Shelter To $580k Homeowner

  • Pace took Maddie on a date-night move: she bought a $580k house and rented out seven rooms.
  • After expenses she nets about $2,000 per month while living in the home she owns.
INSIGHT

Vacant Homes + Creative Finance = Housing

  • There are millions of vacant homes that could house unhoused people if repurposed with co-living approaches.
  • Combining vacant inventory with creative finance could dramatically reduce homelessness.
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