Get Creative with Pace Morby

Pace Morby
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Dec 2, 2024 • 34min

Turning a Homeless’ Lead to $80K Profit with Michael Hillman

Welcome to a new episode of Get Creative! In this episode, host Keola Keala chats with real estate investor Michael Hillman about his wild journey from a homeless lead to making a whopping $80,000 profit on a distressed property. Mike shares how he sees value where others don't, the importance of trusting relationships, and how to navigate sketchy deals. Whether you're new to real estate or a seasoned investor, there’s a wealth of knowledge packed in this one!   Highlights: "Every deal has potential, it’s all about how you structure it."   "I picture a treasure chest with $50,000 on the other side of that door."   "Don't compromise on price – it can be a very costly lesson."   "Team up and thrive – there’s no need to reinvent the wheel."   Timestamps: 0:00 - Mike Hillman's Introduction and Background  2:04 - Joining the SubTo Community  3:53 - Details of the Successful Deal  6:24 - Negotiating with Butch  17:31 - Acquiring and Renovating the Property  21:31 - Butch's Financial Gain and Mike's Support  23:17 - Renovation and Sale of the Property  26:35 - Final Thoughts and Advice    ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby   
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Dec 1, 2024 • 12min

Why Creative Finance Beats Traditional Buying Every Time

Welcome to a new episode of Get Creative! Today, we’re diving deep into why creative finance is the superior choice for real estate investing. Pace Morby shares a recent 4-plex deal where he used creative strategies like sub-two financing, private money lenders, and a silent second mortgage to achieve remarkable gains. Learn how to make money through cash flow, property appreciation, tax benefits, and loan pay-downs—all without using personal funds. Highlights: "In creative finance, nobody cares where the money comes from." "Creative finance lets you profit in four different ways from one deal." "This deal will make me over $350,000 in five years." "Private money lenders don’t want their money back—they want it to make money for them." Timestamps: 00:00 Introduction: Why Creative Finance Is Better 01:30 Breaking Down the Costs of a Creative Deal 03:15 How Sub-Two Financing Beats Traditional Loans 05:00 Leveraging Private Money Lenders for Big Gains 06:55 Calculating Cash Flow on a 4-Plex 08:22 All the Ways This Deal Generates Income 09:15 The Long-Term Benefits of Creative Finance Deals 10:10 Tax Savings from Real Estate Investments 10:55 How to Avoid Traditional Financing and Still Profit 11:35 Closing Remarks: Why Creative Finance Works Best ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby   
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Nov 30, 2024 • 18min

From Networking to Nineteen Deals: A Creative Finance Saga

Welcome to a new episode of Get Creative! Today, we have an exciting guest, Colin Yeap, who has an incredible story to share about transitioning from the corporate world to real estate investing through effective networking. Colin started with no real estate background and leveraged community connections to close on 19 deals in just over a year. He’ll share insights on how networking within specific real estate communities helped him quickly learn and grow his investment portfolio through creative financing.   Highlights:  "The first advice I would give them is stop absorbing and take action." "You're kind of poisoned now by creative finance where you have a hard time not doing creative finance deals." "This is the most amazing, incredible thing I've ever heard of in my life. This can't be real." "It's been life-changing. It's been eye-opening." Timestamps: 00:00 Introduction: Colin’s Background and Entry into Real Estate  01:11 Colin’s Start in Creative Real Estate Investing  03:17 Colin’s First Real Estate Deal Explained  04:13 The Variety of Deals in the Creative Finance Community  06:03 Future Deal Plans and Current Investment Strategy  07:19 Colin's Rapid Success in Real Estate Investing  08:34 Strategic Partnerships and Expanding the Investment Portfolio  10:00 Key Advice for New Real Estate Investors  12:31 The Importance of Community in Real Estate Success  14:59 Colin’s Future Needs and Goals in the Business ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby   
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Nov 29, 2024 • 18min

Maximizing Profits through Creative Financing

Welcome to a new episode of the Get Creative podcast! Today, we're joined by Ashley Abbott from Kansas City, who shares his remarkable journey of rolling profits from a fix and flip into multiple creative finance deals. It’s a fascinating story that reveals how Ashley transformed a single property transaction into significant growth opportunities, effectively tripling his investments through strategic financial maneuvers. Highlights: "I could not comprehend that you can go get a property with little or no money down." "This is the most amazing, incredible thing I've ever heard of in my life. This can't be real." "It's funny when people reference that podcast... they say they thought it was a scam." "You're kind of poisoned now by creative finance where you have a hard time not doing creative finance deals."   Timestamps: 00:00 Introduction and Guest Welcome  00:38 Ashley Abbott's Initial Experience with Triplex  02:20 Negotiating Property Prices and Making Deals  03:27 Challenges and Appraisal Issues with Property  04:08 Selling Property and Realizing Profits  05:00 Discovering SubTo Deals and Expanding Portfolio  06:17 The Shift to Creative Finance and Mentorship Influence  07:19 Strategic Investment Using Creative Finance Techniques  08:20 Securing Properties with Optimized Financing  09:26 Dealing with Properties and Securing More Deals  10:53 Finalizing Creative Finance Deals and Outcome  11:51 High Valuation Sales and Investment Growth  12:47 Comparing Traditional and Creative Finance Results  14:29 Review of Financial Outcomes from Creative Deals  16:13 Ongoing Search for Deals and Private Money  17:10 Closing Remarks and Future Plans ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 
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Nov 28, 2024 • 24min

Turning $5K Into a Real Estate Empire

Welcome to a new episode of Get Creative! In this episode, we’re joined by Manny Castillo, a standout member of the creative finance community, who shares his incredible journey into real estate. Manny walks us through a life-changing portfolio deal involving three townhouses in Augusta, Georgia. Discover how creative financing helped him save on taxes, negotiate effectively, and transform these properties into high-cash-flow investments—all while maintaining his integrity and community focus. Let’s dive into the details! Highlights "The only reason I’m buying these townhomes is because of that third one—and then silence." "Seller finance isn’t just about a higher purchase price; it’s about spreading out taxes and maximizing gains." "From a $5,000 investment to $45,000 profit—it’s all because of creative finance." "You don’t need to reinvent the wheel; you just need to take action and add your flavor." Timestamps  00:00 Introduction to Manny Castillo 01:58 The Power of Community 03:40 The Portfolio Deal 06:23 Explaining Seller Finance 08:09 Smart Negotiation Tactics 12:30 Turning Townhomes into Cash Flow 15:23 Combining Rentals and Flips 18:49 Collaboration in Real Estate 21:09 Maximizing Profits 23:10 Loving What You Do ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 
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Nov 27, 2024 • 12min

Turning Real Estate Losses into Wins with Creative Finance

Welcome to a new episode of Get Creative! Today, we’re joined by a phenomenal guest, Pisey Kor, a SubTo student and transaction coordinator. In this episode, we dive into how creative finance strategies helped Peace turn a losing real estate deal into a profitable opportunity. We also explore the power of community, transitioning to a transaction coordination business, and building active income streams. Stay tuned for valuable insights that could transform your real estate journey! Highlights "Creative finance isn’t just about buying—it’s about solving problems." "Reverse engineering bad deals can create winning opportunities." "A supportive community is the foundation of real estate success." "Passive income starts with smart structuring and long-term thinking." Timestamps 00:00 Introduction 01:00 How Community Shaped Peace’s Real Estate Journey 02:35 A Losing Deal Before SubTo 03:50 Discovering Creative Finance 05:00 Seller Financing Success 06:50 The Long-Term Power of Amortization 07:25 Transitioning to Active Income Streams 08:15 Gifting Opportunities Through Community 09:30 Building a Transaction Coordination Business 11:00 The Importance of Community and Gratitude ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 
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Nov 26, 2024 • 32min

Carly Grundmann on Mastering RV Deals and Real Estate

Welcome to a new episode of Get Creative! Today, we're thrilled to have Carly Grundmann join us. Our host for today, Ingryd Hernandez, has an engaging discussion with Carly about the intriguing world of creative finance, focusing on both real estate investing and the unique niche of RV deals. Whether you're a seasoned investor or just curious about different investment avenues, this episode promises valuable insights into creative strategies and personal success stories in the real estate industry.   Highlights: "I think I'm really leaning into helping others grow theirs."    "Every single RV loan is upside down, that's why Sub-To RVs work."    "It's a completely different situation when you rent one before you do it."   "There's so many verticals of money, of businesses in an RV park."   Timestamps: 00:00 - Introduction to Creative Finance and Real Estate Investing 01:22 - Carly Grundmann's Introduction and Background 02:03 - The RV Dream and Reality Check 04:18 - Transitioning Full-Time into Creative Real Estate 05:51 - Discovering the RV Deal and Community Connections 09:37 - The Origins of RV Niche Investment 14:22 - The Challenges and Perks of RV Deals 17:20 - Protecting Your RV Investment with Technology 20:44 - Scaling and Profitability in RV and Real Estate Deals 28:00 - Future Plans and Expanding the RV Niche   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby   
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Nov 26, 2024 • 29min

Door Knocking to Success in SoCal Real Estate

Welcome to a New Episode of Get Creative! Join host Ingryd Hernandez with guests Emanuel Severino and Michael Barcena as they dive into the world of real estate investing and creative finance strategies. Discover the power of community and collaborative success in the highly competitive Southern California market. Whether you're looking to make your first deal or seeking inspiration from seasoned investors, this episode offers insights into the transformative world of door knocking, property sourcing, and building a real estate empire.   Highlights: "It's all fun and games until somebody says they want to sell to you."    "I think immigrants are such a great market to help actually put these deals together."    "Consistency is the secret."    "I've hired Quentin Flores as one of my business coaches."    Timestamps: 00:00 - Introduction to Creative Finance and Real Estate 01:09 - Host Ingryd and Guests Emanuel & Michael Introduction 02:44 - Emanuel's First Deal Story 06:35 - The Unprepared Success 07:12 - Adapting in a Competitive Market 11:23 - The Role of Property Radar 14:02 - Michael's Mentoring Approach 17:44 - Importance of Immigrant Grit in Real Estate 20:20 - Beyond Door Knocking: Expanding Techniques 27:58 - Conclusion and Call to Action   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 
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Nov 25, 2024 • 31min

Closing Deals in Tough Markets: Insights from Lily Duong

Welcome to a new episode of Get Creative! Today, host Justin Tuminowski is thrilled to have Lily Duong, a top-tier Transaction Coordinator (TC) and a master of creative finance strategies. In this episode, we'll dive into how Lily navigates complex real estate deals, her insights on working within challenging markets like New England, and her tips for making the most out of creative finance. So, if you're ready to learn how to move from the sidelines to securing your first deal, this is the episode for you!   Highlights: "I handle money and numbers like it's my job, because it is."   "Determination and perseverance are key, especially in tough markets."   "Even after the contract is signed, the real work begins."   "It's not just about knowing the deals; it's about making the right connections."   Timestamps: 00:00 - Introduction to Creative Finance 03:16 - Lily Duong's Background and Introduction  05:06 - Breaking Down a Massachusetts Deal  06:21 - Challenges of Creative Transactions  09:52 - Finding the Right Wrap Buyer  11:18 - Handling Unexpected Issues in Deals  14:28 - Community Impact and Network Synergy  16:20 - Post-Closing Challenges and Property Preservation  18:43 - The Art of Dealing with Banks Post-Closure  20:17 - Persistence in Finalizing Deals  22:19 - Future Plans and Opportunities  24:38 - Benefits of Seller Finance in Multi-Family Investments  27:41 - Connecting with Lily and Her Services   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 
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Nov 24, 2024 • 23min

The Real Deal on Expired Listings and Preforeclosures

Welcome to a new episode of Get Creative! In this episode, real estate expert Pace Morby dives into the distinctions and overlaps between expired listings and preforeclosures. Whether you're new to real estate investing or looking to sharpen your understanding, Pace provides detailed insights, tools, and strategies to effectively approach these two crucial aspects of the real estate market.   Highlights: "Expired listings are agent failed opportunities."   "Preforeclosures provide a huge opportunity if approached correctly."   "Always remember, the bank never owns the house; the bank only owns the loan."   "The real estate agent gets fired, and we step in to offer a solution."   Timestamps: 0:00 - Expired Listings vs. Pre Foreclosures: Introduction and Definition 0:53 - Understanding Listing Agreements and Expired Listings 4:51 - Strategies for Acquiring Expired Listings 6:05 - Motivation and Opportunities in Expired Listings 7:09 - Differences Between Expired Listings and Pre Foreclosures 8:01 - Sources for Pre Foreclosure Information 12:39 - The Foreclosure Process and REOs 18:30 - Strategies for Working with Pre Foreclosures 22:43 - Conclusion and Final Tips   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=    ► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby 

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