Get Creative with Pace Morby

The Secret to Building a $150 Million Empire

03.31.2024 - By Pace MorbyPlay

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Welcome to a new episode of the Get Creative Podcast.  In this episode, I joined Steve Trang on Real Estate Disruptors.  We talk about my experience in overcoming financial adversity and deal-making. I share insider secrets on using creative financing strategies to build wealth in real estate. With stories of starting from scratch to acquiring multifamily units without traditional bank loans, this episode is packed with insights for anyone looking to break the mold in real estate investing. We try to demystify complex topics like "SubTo" deals and seller financing, making them accessible to both new and seasoned investors. 

 

Highlights:

"Creative finance will dominate. If you're just learning wholesale right now, good luck. You're going to get left behind."

 

"The value of anything is not the purchase price. It's what you can do with it."

 

"Holding properties is my main objective. True wealth is not built by just getting cash flow. It's by having your tenants crowdsource your retirement."

 

Timestamps:

00:00 - Journey from Bankruptcy to Billion-Dollar Deals

05:00 - The Power of Seller Finance in a Tight Market

10:00 - Mastering Subject To Deals

15:00 - Multifamily Success with Creative Financing

20:00 - The Importance of Building a Strong Network

25:00 - Navigating the Shifts in Real Estate Market

30:00 - Zero Down Success Stories

35:00 - Pace's Formula for Evaluating Deals

40:00 - The Future of Creative Financing in Real Estate

45:00 - Personal Growth Through Real Estate Investing

 

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