Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.

Highlights:

"I'm not really buying your house; I'm buying the interest rate attached to your house."

"In creative finance, it's not about negotiating the sales price; it's about negotiating the terms."

"The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."

Timestamps:

00:00 - Introduction to Creative Financing

01:07 - Golf Analogy for Real Estate Investing

03:01 - Benefits of SubTo Deals

04:48 - Options for Creative Financing

08:16 - Finding Expired Listings

12:43 - Easier than Cash Transactions

17:00 - Understanding Seller Financing

20:40 - Overcoming Seller Objections

24:36 - The Benefits of Tax Depreciation

30:00 - Creating Win-Win Deals

► Join The Subto Community & Learn Creative Finance Directly from Pace:

The Pace Morby Guide to Wealth Without Cash On Real Estate Rookie