Using Creative Financing To Exit A Bad Deal | Masterclass 18 w/ Pace Morby

With the downturn in the housing market in 2023 it's imperative you learn how to exit your deals creatively!
Creative Finance strategies will be some of the most useful ways to get deals coming in 2023 and beyond! You should understand all possible creative strategies! I sit down with Pace Morby and we discuss all of them at length!

Watch the entire series!

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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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[MsEvaCooper]

I thank the both of you for Caring and Sharing 🙏

[hyerquality]

Wow this was just what this series needed. Actually, if you could do some more stuff on creative ways to restructure debt, that would make for excellent content in my opinion. You two are champions of the people.

[ciprodriguez]

Huge new fan of Pace. You guys are like the Wonder Twins. UNSTOPPABLE

[hausandtaylor]

Watching from Spain over here!🇪🇸
Pace and Jerry, son los verdaderos Genios del Flipping!💪💪

[soaring]

Great content and insights Pace and Jerry! Knowing how to engineer all the variables is genius and make real estate investing much less daunting.

[ciprodriguez]

To all the procrastinators that are reading this. Start Now and Fail. You will have peace of mind knowing that out you tried. Don't be like me. I started learning wholesale years ago and did nothing. Back then people cash buyers were flocking to deals. Now they are more selective and with rates higher than ever are not as easy to come by.

What I am saying that right now is easier that it will be 5 years from now.

DON'T BE ME START AND FAIL NOW! At least you will have no regret that you have tried. And save yourself from feeling that you missed out because you never started.

[AdventuresOfKeithius]

Gd, I just went on a learning marathon and I'm exausted, and these guys just keep going... Gonna have to pick back up tomorrow... Like 4 am right now, lol...

[daltonevans]

Reached the end! Was awesome to watch and loved all the videos! Can't wait for more. I did have a question for you two. So, when you're in the process of purchasing a home and then finding a person to lease out to or rent to, how fast of a turnaround can that be? Do most people have to pay for the houses mortgage for a month or two before they get someone actually in the house? Do most loans or pml give you 30 days before having to make a payment?

[S.T..M]

It was the 🐬 for me 🤣 Love You Guys- Thank you 🤎🤝🏼

[anthony]

Hey jerry been loving the videos. Quick question however, I was on the path to get my real estate licence, while doing so I discovered your channel and wholesaling. Its been a month and Im looking to start wholesaling, but I saw a video regarding how you shouldn't be licensed if your wholesaling because you could lose part of your assignment fee to a brokerage. I know you have your license, so maybe you could help me understand this better and your opinon. Thank you!

[ciprodriguez]

If i just have a screwdriver i can find something to tighten but if I have a whole carpenter toolset I can build a house. Or in this case lockup and sell houses

[michaelkittel]

Would be awesome to see a whiteboard flow chart of how and when to use the different acquisition strategies like if the seller needs these terms then go to

[gustavomendoza]

I can’t wait for the whole series of raising capital. Don’t tease me

[toddbierbusse]

I used to be a realtor in Michigan and I was told that to seller finance in Michigan the property could not have a mortgage. I haven't seen anything about this on your videos, so I'm assuming that the info I had was incorrect?

[claudiadiarte]

Hello! Do you verify the Buyer's income and credit when you offer seller financing? Thank you!

[MsEvaCooper]

Don’t mean to sound silly, but both of you are Sooo alike-maybe you both are related from great grandpa😊…in some kind of way!🤣 On a serious note…the Business chemistry is real, the Authenticity is there?🙏

[ciprodriguez]

"It's not about the deal, it's about the relationship"

[BatistaInvests]

So this is why banks write 10 year balloons. Makes perfect sense now. Pace and Jerry do it again. You guys just taught me further how to use the magic of money and the magic of structuring.

[ciprodriguez]

sorry im super chatty and pumped. almost being homeless will do that to you. but How many home owners want get out of their home but don't know they can be the Bank? HUGE TACTIC

[ciprodriguez]

you guys are FLIPPING GENUISES and i am concentrating on novation deals.