Types of Loans You Can Utilize in Creative Finance

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  • Опубликовано: 5 окт 2024
  • In today's video I go over the types of loans you can utilize in creative finance. I breakdown some infographics and add my 2 cents on the information these infographics lack! Enjoy!
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    ❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 RUclips video for entertainment purposes ONLY ❎

Комментарии • 87

  • @yourlocalrealestatenv777ho3
    @yourlocalrealestatenv777ho3 Год назад +5

    You have the best knowledge in history when it comes to creating finances and I believe this is your call in life you are the best thank you so much for all your knowledge and content keep it up! Thank you! Honestly I understand every single content on your channel and I have the worst ADHD!

  • @brandonbusch1809
    @brandonbusch1809 3 года назад +9

    I'm active duty Navy and this saved me so much time/effort. Thanks Pace

    • @PaceMorby
      @PaceMorby  3 года назад +1

      Glad I was able to help!

  • @lilibiermann896
    @lilibiermann896 3 года назад +7

    Learning about these topics like loans, etc., has been so confusing because I couldn't decipher the difference between them. Still, you explaining it with your engaging visual aid made me understand the differences between this and how I can utilize loans that I might choose in my creative finance. Love the content! Thank you.

    • @PaceMorby
      @PaceMorby  3 года назад

      Happy to hear that! Thank you for your feedback and tuning in! Feel free to subscribe and hit that notification bell to get the most out of my content!

  • @miraculousedits6659
    @miraculousedits6659 3 года назад +2

    This is best way to help people struggling to start an online business

    • @PaceMorby
      @PaceMorby  3 года назад

      Awesome! That's good to hear! Thank you for tuning in!

  • @russelwebb4649
    @russelwebb4649 3 года назад +2

    Many thanks brother for informing the viewers about creative finance. I learned a lot that I didn’t know yet.

    • @PaceMorby
      @PaceMorby  3 года назад

      Glad it was helpful! Thank you for tuning in bro!

  • @zaviorrivera6736
    @zaviorrivera6736 2 года назад +1

    Thanks Pace for spending the time and creating this video. You are very knowledgeable and keep it real. Blessings to you and your family.

  • @aggomez8089
    @aggomez8089 3 года назад +1

    Ooh. I love this kind of content. Thank you so much Navy.

    • @PaceMorby
      @PaceMorby  3 года назад

      Glad you like it! Feel free to subscribe to get the most of my content!

  • @zoeieblanche5010
    @zoeieblanche5010 3 года назад +1

    This is very helpful. Gives me a lot of idea how to utilize my loans properly.

    • @PaceMorby
      @PaceMorby  3 года назад

      Happy to hear that! Thank you for tuning in! Feel free to subscribe and hit that notification bell to get updates on more content you'll love.

  • @jermon983
    @jermon983 3 года назад +2

    Damn this is some good food for thought material. Salute Pace 👊🏾

    • @PaceMorby
      @PaceMorby  3 года назад +1

      That's good to hear! Thank you for tuning in bro! Salute.

  • @thelmaclark5482
    @thelmaclark5482 2 года назад +4

    Most sellers I see are asking for at least 50 % down payment. How do you make them agree to 0% down payment?

    • @Shanita162
      @Shanita162 8 месяцев назад

      I'm curious about this as well, let me know what you've found out so far...?

    • @johngleue
      @johngleue 8 месяцев назад +1

      You simply don't make it an option. Not everyone is going to go for a win-win deal, so if they're not willing to work with you after explaining the "why's" behind why the deal ha to work for both of you then you're not their buyer.

  • @justd8247
    @justd8247 3 года назад +1

    Thank you for sharing about financing. I really need to hear this.

    • @PaceMorby
      @PaceMorby  3 года назад

      You are so welcome! Glad I was able to help!

  • @gregmckline2926
    @gregmckline2926 3 года назад +2

    Great content about creative finance.👏Thank, Man!

    • @PaceMorby
      @PaceMorby  3 года назад

      Thank you bro! Glad I was able to help!

  • @sl2427
    @sl2427 Год назад

    Yes a video on deeds for purchase of Land from seller

  • @carriedonnelly1354
    @carriedonnelly1354 3 года назад +1

    Man this is great thanks for the upload!

    • @PaceMorby
      @PaceMorby  3 года назад

      Glad you enjoyed it! Feel free to subscribe and check out my other content!

  • @user-xp7tc3ol5k
    @user-xp7tc3ol5k Год назад

    You do a better job of giving practical information than bigger pockets podcast.

  • @rickardbond5785
    @rickardbond5785 3 года назад +1

    That's awesome. Great piece of information.

    • @PaceMorby
      @PaceMorby  3 года назад

      Thank you! Happy to hear that you gained value from this.

  • @alethiahines4606
    @alethiahines4606 3 года назад +3

    Disabled veteran hoping to buy my first home using creative financing, sub-to, with FHA or VA loans.

    • @chavvy9074
      @chavvy9074 3 года назад

      Good luck! I'm also disabled, it's super important ppl know about this option for housing.

    • @PaceMorby
      @PaceMorby  3 года назад

      Let's goo! Feel free to join the free Facebook group, there are a lot of students and investors in there that would be more than happy to help and network with you!
      shor.by/8vxk

  • @dineshsin
    @dineshsin Год назад

    Very valuable information. Thank you pace

  • @kirstensmith9938
    @kirstensmith9938 3 года назад +1

    This is so helpful!! Thanks for sharing

    • @PaceMorby
      @PaceMorby  3 года назад

      Thank you for tuning in! happy I was able to help!

  • @CraftbyChrySeis
    @CraftbyChrySeis 3 года назад +1

    Thank you for the thorough explaination! ❤

    • @PaceMorby
      @PaceMorby  3 года назад

      Glad it was helpful! Thanks for tuning in.

  • @DiaParks
    @DiaParks 3 месяца назад

    This video is AMAZING!!! 👏

  • @nathanaelmccasland2349
    @nathanaelmccasland2349 2 года назад

    Dude thanks for your patience with all your nubs in the university of RUclips.

    • @PaceMorby
      @PaceMorby  2 года назад

      That's fine, bro. You can't please everyone.

  • @aretijones8759
    @aretijones8759 3 года назад +1

    Thanks for these financial tips.🙂

    • @PaceMorby
      @PaceMorby  3 года назад

      Glad you enjoyed the content!

  • @ptbinvestt
    @ptbinvestt 2 года назад

    I can HEAR your PASSION!!!

  • @nayrapmud3976
    @nayrapmud3976 3 года назад +1

    I have learned so much thank you!

    • @PaceMorby
      @PaceMorby  3 года назад

      Happy to help! Thanks for tuning in. Feel free to subscribe and hit the notification bell to get the most out of my content.

  • @rontyson7857
    @rontyson7857 Год назад

    Thanks for the information, very good video

  • @alvinrichardson8944
    @alvinrichardson8944 3 года назад +1

    Love this content, very informative

    • @PaceMorby
      @PaceMorby  3 года назад

      Happy to know! Thank you for tuning in.

  • @mmcgartland2095
    @mmcgartland2095 Год назад

    Thanks. Perfect explanation

  • @RJ-TRB19
    @RJ-TRB19 2 года назад +1

    Where can you get a copy of the subject to agreement?
    Who's responsibility is it to notify the financial institution? I asked my credit union representative and he said yes it can be done, but he didn't sound like he knew how it would be done.
    Is there a website you can use to calculate the interest rate and what your monthly payment would be to the seller?

    • @PaceMorby
      @PaceMorby  2 года назад

      Hey RJ! The paperwork and the calculator is exclusive only to my students. Why don't you squad up with them so you can have access to those materials? Join the Facebook group and make a post! shor.by/Si74

  • @USA_MAGA_WWG1WGA
    @USA_MAGA_WWG1WGA Год назад

    Thanks for giving so much value!

    • @PaceMorby
      @PaceMorby  Год назад

      Nicole, so happy to know you've gained so much value from this!

  • @kendalljones1490
    @kendalljones1490 3 года назад +1

    Thanks you for this info!

  • @mariebaginski145
    @mariebaginski145 2 года назад +1

    Created 7 new entities with PCS and looking to expand and open a non-profit that focuses on teaching financial literacy to children and their parents which includes real estate investing, Pace I would love to hear if you have any experience with non-profits and if you are able to give me some advice as the non-profit space is new to me!

  • @leftynj7111
    @leftynj7111 2 года назад

    Thank you pace, so informative👌

    • @PaceMorby
      @PaceMorby  2 года назад

      Glad it was helpful!

  • @ninakid121
    @ninakid121 2 года назад +1

    Is this considered subject to lender or subject to court on the MLS when searching for the right property?

  • @esmm3739
    @esmm3739 3 года назад +1

    Me - I am a newbie and want to get started with at least 1 rental before end of year as a present to myself

    • @esmm3739
      @esmm3739 3 года назад

      Yes please

    • @PaceMorby
      @PaceMorby  3 года назад

      Hey bro! Feel free to reach out to subto students in your area inside the free Facebook group! There are tons of them in there that would be more than happy to help and network with you!
      shor.by/8vxk

  • @alvindecker8817
    @alvindecker8817 8 месяцев назад +1

    Thank you 😊

    • @PaceMorby
      @PaceMorby  8 месяцев назад

      Thank you Alvin!

  • @peterelz4600
    @peterelz4600 3 года назад +1

    this guy, still going like a rockstar -

  • @ptbinvestt
    @ptbinvestt 2 года назад

    Thanks, Pace!

  • @evanhood9059
    @evanhood9059 Год назад

    I have heard the term Aussie Mortgage before. Is that similar to a reverse?

  • @joannegarcia4531
    @joannegarcia4531 Год назад

    I'm wondering if you can get a HELOC on a house you own sub2 via land trust in Texas?

  • @thelmaclark5482
    @thelmaclark5482 2 года назад

    How can I take over someone’s loan without affecting their due on sale clause and seller wants to get the equity?

  • @carminiamartinez6217
    @carminiamartinez6217 Год назад

    Most seller finance charge higher interest rate. How do you get zero finance?

  • @cherisequimby2017
    @cherisequimby2017 Год назад

    Can you “subject to” a HELOC loan? I might have a deal but not sure we can do it with that kind of loan.

  • @ptbinvestt
    @ptbinvestt 2 года назад +1

    Sound Is Really Low On this Video, Did You do that on purpose to make us Focus?

  • @ptbinvestt
    @ptbinvestt 2 года назад

    My Why Is Why Would I Sign My Life Away & Sign A Bank Loan When You Already Have A Loan On The Property?

  • @Anthony_Culotta
    @Anthony_Culotta 2 года назад

    How often do banks call the loans on Subject to. and or how can you figure out if a loan company will call that loan.

    • @PaceMorby
      @PaceMorby  2 года назад

      Hey Tony! I did a Sunday Service episode all about due on sale clause: ruclips.net/video/KXUHeABJyeY/видео.html

  • @madpennfoodchannel7501
    @madpennfoodchannel7501 2 года назад

    Thank You 🙏

    • @PaceMorby
      @PaceMorby  2 года назад

      You’re welcome 😊

  • @antoniochia5801
    @antoniochia5801 2 года назад

    What about master lease ?

  • @edmor80
    @edmor80 3 года назад +1

    Do these apply to second, third properties after you already have your primary home? I’m finding that I need minimums of 15-25% down for most conventional lending.

    • @PaceMorby
      @PaceMorby  3 года назад +2

      You can apply creative finance to any loan in any position on any number of properties.

  • @albinothug
    @albinothug Год назад

    🔥

  • @lonestarmginvestmentsllc3557
    @lonestarmginvestmentsllc3557 Год назад

    Thanks! SUBJ TO this is wrisky how do you do that

  • @szentharvey9770
    @szentharvey9770 3 года назад +1

    What a great tips! Thanks man.

    • @PaceMorby
      @PaceMorby  3 года назад

      Awesome! Glad you gained massive golden nuggets from this video. Feel free to subscribe and check out my other content!

  • @exellenceattained2722
    @exellenceattained2722 Год назад

    What about bridge loan?

    • @alexanderhroma6753
      @alexanderhroma6753 Год назад +1

      Hey Javier, Pace has a whole community of people (Gator Lenders) that essentially offer short-term financing. I am part of that community if you’d like to discuss or need assistance with your deals.