Why Would A Seller Agree To Creative Financing? With Pace Morby

A common question we hear is "Why the #&*@ would anyone actually accept a seller finance deal? Well why WOULDN'T THEY?! Pace Morby and I break it down.

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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.

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[robbrownstone]

How do you guys do it? Man the value you give in these videos is just incredible. Thank you both again!

[dwilder]

TY, Jerry and Pace! Excellent analogy, Pace...jumping off an airplane for $100K. I definitely must become educated in creative finance.

[sergiochacon]

This just clicked, if I’m making offers anyway why not always give them options instead of just a cash offer. Thanks for the great education Jerry and Pace!

[janellebrown]

I'm so proud of myself. Last November, i bought my rental in a prime area by watching you both. The sellers even help keep it rented indefinitely. Now, i am going through a divorce from a narcissist and would love to get into a house of my own. I do not have a place to live, because i will not fight with this man anymore. Any suggestions? Please help🙏

[Arekrealestate]

“I want a faster deal I am going to go straight for the jugular creative finance all of a sudden my cash reserves were going down” why would you cash reserves go down if you did more creative finance which is ways to not use cash? 16:17

[janellebrown]

I would love to move in, get settled, and then do what you both do. I have found a few that I'm interested in.

[SEMPERFIFLIP]

Pace n Jerry. Does sellers financing, free up the sellers credit or loan on the house I just financed w the seller?

[youuber]

I just bought a 350k property in VA for 120k

[RobertHasty]

I have a question for you guys. If it was needed and a deed in lieu or performance deed was put in place on a subto agreement, if there was equity in the deal and seller agreed on terns, what protects the seller on the seller financing portion of the deal? The same deed in lieu? Or seperate?

[tonyacres-fi]

You said that you would buy a 6 million dollar house that was worth 4 million if the terms were right but what would the terms have to be in order to buy a $500, 000 home that worth only $300, 000? What would have to be your cash on cash return?

[Uplifterz]

I could already see Pace being stock holder in a local community bank 🙏🏻

[TMB]

I was told that a newbie investor should not start off focusing on pre-foreclosure leads to do creative financing. Do you agree? If so, where should they start? By the way, is jerrier still doing that vacant lot finder program as we speak?

[USA_MAGA_WWGWGA]

Yes, if it was sitting on the tarmac.

[davecalico]

Re:Seller - iTs Overcoming FeaR 😱
(of being scammed n cheated due to “other” unscrupulous scalpers who don’t provide any beneficial solutions to the problematic situation they are usually in and desperately try’n to resolve w/out appearing as so)

[xqspx]

A bank named Iguana Loan is brilliant.
BTW guys, when are you establishing your own bank?!

[luxpak]

What do you do when the seller has a reverse mortgage?

[AlfieinMontana]

Mark Cuban says it’s non patriotic to avoid paying taxes. Some entrepreneurs are greedy and don’t wanna pay taxes to the great country that makes it possible for them to succeed. The taxes go to improve your own country❗️🤦🏽‍♂️

[freddykrueger]

You have too many advertisements in your channel 😢😢

[merchant]

pace saving money on tax depreciation as you said is not right and is not for all investors. don't mislead the people. Those seven years of advance tax depreciation is not practical also.