I’m a student of Pace Morby’s, he’s a great person and provides us such great info. I’m buying in MIssouri, North Carolina, and (land only in Texas). Would love to connect with anyone who is interested in learning more about creative financing.
No wonder this gentleman is so successful! He’s good with stories and makes information easy to understand! Good for him! He genuinely seems like a good person.
This is now my favorite interview because it enhanced my opinion of Pace. His commercials didn’t land right with me. A previous BP Interview didn’t lure me, but he has refined and softened his delivery. That opened my mind to hear. You both had great questions to refine his points. Thank you.
Can I buy my first house to live in using these methods? Sub2 or seller finance? I don't have a solid job history due to being a new single mom and being kicked out our home by ex
Awesome podcast!😍 Pace is genius !!! It was very interesting to listen to his stories. Learned so much. Thank you Scott and Mindy!!! Thanks a lot Pace!!! 🔥👍👏
Great story about the son....the bunny. Compassion is a great asset that many do not have.....too many "Dog eat dog world" attitudes.....We really need to change our mindset during these tough times.
Ive never heard him talk about what if the mortgage company puts in the call for mortage (full payment) once they discover the title transfer to another name which is not allowed per contract
Interesting story. Pace seems like a nice guy. Housing those bunnies and not expecting to get the deal he wanted was very selfless. However, setting up that 3 million dollar 4% loan for 50 years was taking advantage of the dad's emotions. Pace saves on paying about 1 million dollars of interest and also gets to stretch out his payments over 20 additional years. If you understand the time value of money, this was a huge loss to the fathers financial potential. Less will be given to the kid, but pace framed it in a way that some amounts will be given to the kid after the dad is gone. Pace was an honest hard worker and now he became a sales person that knows sales tactics to get a better deal at the sellers expense by finding the sellers "bunnies".
Wow, people will frame something positive in a negative way everytime! 😮😵💫🤔 You failed to see that the person valued not paying taxes over getting a quick buck. The seller financed deals are actually in favor of the sellers wishes not his. Some people have pain and some want gain its called negotiating. They don't have to take the deal but choose to and the man knew the implications.
@@almmason7 "Some people have pain and some want gain its called negotiating." This is all I needed to know about you to understand that our morals don't align. I understand why you disagree with my original post.
Hey, love your input, I’m a student of Pace’s and if you know the full story which Pace frequently deep dives into inside of the mentorship, you would understand that the owner had made so much money off this deal already and selling the way it was structured saved him millions in taxes as well as if you do the math on the 4% interest over the life of the loan which the son will end up inheriting, then he actually sold the property for around $7,000,000 not $3,000,000. Great deal for all involved.
@@mitchellmcnees5446 Maybe there is more information needed to make your point make sense. The only thing I would agree with is that the total payout for the 4% interest rate is around 7 Mill. However, the total payout at the 8% interest rate is about 8 Mill, so already the father and son lost around 1 million dollars in interest by going with the 4% deal. Also, the 8% deal (30 year loan) ends 20 years earlier than the 50 year loan. To have 8 million dollars working for you if invested for 20 years would be running circles around the 7 Mill deal that you have tied up for 50 years. Clearly not a great deal for all.
I’m a student of Pace Morby’s, he’s a great person and provides us such great info. I’m buying in MIssouri, North Carolina, and (land only in Texas). Would love to connect with anyone who is interested in learning more about creative financing.
Interested
How has your experience been?
how can I connect with you?
@@dimerocks48 best decision ever
Did he teach you personally or you learned from his vidoes?
No wonder this gentleman is so successful! He’s good with stories and makes information easy to understand! Good for him! He genuinely seems like a good person.
My mind is blown. A tone of great info. Thank you. I'mma rewatch this again. 💎💎💎💎
Pace is a real estate guru!!! Thanks Pace!
Pace is a Phenomenal teacher! I learn a lot about creative financing. Thanks for having him on the show.
This is now my favorite interview because it enhanced my opinion of Pace. His commercials didn’t land right with me. A previous BP Interview didn’t lure me, but he has refined and softened his delivery. That opened my mind to hear. You both had great questions to refine his points. Thank you.
This guy is so good in explaining the terms so simple. Thank you 🙏 nobody explained so simple for me.
Pace is one of the best people you'll ever meet. Just a good dude. Amd his work ethic is 2nd to none.
Wooow!!! AMAZING STORY SEÑOR PACE!!
Can I buy my first house to live in using these methods? Sub2 or seller finance? I don't have a solid job history due to being a new single mom and being kicked out our home by ex
This man has given me the vision to begin my real estate journey. I am going to use Sub to and seller finance for every property I purchase.
I swear I will watch that episode 6 times 😊
Awesome podcast!😍 Pace is genius !!! It was very interesting to listen to his stories. Learned so much. Thank you Scott and Mindy!!!
Thanks a lot Pace!!! 🔥👍👏
He's a great storyteller!
Amazing video!
Great story about the son....the bunny. Compassion is a great asset that many do not have.....too many "Dog eat dog world" attitudes.....We really need to change our mindset during these tough times.
How can I get access to the videos for each chapter of the book?
Pace morby rocks.
Ive never heard him talk about what if the mortgage company puts in the call for mortage (full payment) once they discover the title transfer to another name which is not allowed per contract
He talks about it plenty just search pace morby due on sale
But can this actually be done outside of the states? Im just trying to find out if I am wasting my time listening to this
Interesting story. Pace seems like a nice guy. Housing those bunnies and not expecting to get the deal he wanted was very selfless.
However, setting up that 3 million dollar 4% loan for 50 years was taking advantage of the dad's emotions. Pace saves on paying about 1 million dollars of interest and also gets to stretch out his payments over 20 additional years. If you understand the time value of money, this was a huge loss to the fathers financial potential. Less will be given to the kid, but pace framed it in a way that some amounts will be given to the kid after the dad is gone.
Pace was an honest hard worker and now he became a sales person that knows sales tactics to get a better deal at the sellers expense by finding the sellers "bunnies".
Wow, people will frame something positive in a negative way everytime! 😮😵💫🤔 You failed to see that the person valued not paying taxes over getting a quick buck. The seller financed deals are actually in favor of the sellers wishes not his. Some people have pain and some want gain its called negotiating. They don't have to take the deal but choose to and the man knew the implications.
@@almmason7 "Some people have pain and some want gain its called negotiating."
This is all I needed to know about you to understand that our morals don't align. I understand why you disagree with my original post.
Hey, love your input, I’m a student of Pace’s and if you know the full story which Pace frequently deep dives into inside of the mentorship, you would understand that the owner had made so much money off this deal already and selling the way it was structured saved him millions in taxes as well as if you do the math on the 4% interest over the life of the loan which the son will end up inheriting, then he actually sold the property for around $7,000,000 not $3,000,000. Great deal for all involved.
@@mitchellmcnees5446 Maybe there is more information needed to make your point make sense. The only thing I would agree with is that the total payout for the 4% interest rate is around 7 Mill. However, the total payout at the 8% interest rate is about 8 Mill, so already the father and son lost around 1 million dollars in interest by going with the 4% deal.
Also, the 8% deal (30 year loan) ends 20 years earlier than the 50 year loan. To have 8 million dollars working for you if invested for 20 years would be running circles around the 7 Mill deal that you have tied up for 50 years.
Clearly not a great deal for all.
I just want to make 1 million and I will be very happy. how can I pay off my 400k student loans?
🥰
So you are all those scam calls i get that wants me to sell my house to them
Scam? 😂 Where’s the scam?