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How to Get Your First Real Estate Deal: Strategies, Markets, and Opportunities 

Pace Morby
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New to real estate? Watch now for a step-by-step breakdown of buying and holding properties for long-term wealth generation. Learn how to kickstart your Subto journey with my expert advice. Discover the right strategy for your first deal, choose the ideal market, set up an LLC, and find money making opportunities. Explore all the creative financing options, down payment strategies and find out if cash flow even matters!
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• Does Cashflow REALLY M...
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🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 RU-vid video for entertainment purposes ONLY ❎

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30 июл 2024

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Комментарии : 54   
@aparadaeessa
@aparadaeessa Год назад
“You don’t come to RU-vid to learn. RU-vid is for entertainment” 🤣 makes sense tho
@emanueljimenez8649
@emanueljimenez8649 Год назад
I’m from California. I’ve been watching and learning from the Subto content for about two months. I’d love to get together with a successful Subto student. I’m in Orange County. Would someone point me to a Subto student I can meet up? Thank you Pace… I know already this is the start of something amazing for me and my family.
@geraldcliver1496
@geraldcliver1496 Год назад
I just used Prime to set up my LLC and Pace is absolutely right about them.
@paparuda1968
@paparuda1968 Год назад
Sweet! Thank you for sharing this one! Thank you Pace team!
@leonardrano4066
@leonardrano4066 Год назад
Thank you pace tons of information really appreciate straight-to-the-point answers short and sweet.
@nandingpanelo
@nandingpanelo Год назад
Nice thanks Pace and community I learn a lot
@mmcgartland2095
@mmcgartland2095 Год назад
I do learn. I write down keywords and phrases and research into meanings as terms of real estate. I want to set the curve of class.
@cesarmartin111
@cesarmartin111 Год назад
Amazing training in just a short video.
@daltonevans8442
@daltonevans8442 Год назад
Loved this video! Very good questions too
@Travmatic69
@Travmatic69 Год назад
love the value and breakdowns!
@PaceMorby
@PaceMorby Год назад
Have you looked at the Elephant Challenge yet? It is next week.. pacejmorby.com/invite
@101realtor
@101realtor Год назад
Bought three deals in Cali?!?! Changing those rules Pace lol I’d love to hear about those.
@elynzhou7694
@elynzhou7694 Год назад
Lots of great insignt. Can i use property depreciation on primary residence or only investment property.
@kookie713monsta
@kookie713monsta Год назад
Found out about you just today and wish I saw this 4 days ago, because I would’ve pulled up!!
@h.h.universe
@h.h.universe Год назад
lol, the sorry middle finger cracks me up
@mmcgartland2095
@mmcgartland2095 Год назад
Thanks for beginning class.
@PaceMorby
@PaceMorby Год назад
Any time. I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
@RobertHasty
@RobertHasty 11 месяцев назад
Pace is awesome
@cesarmartin111
@cesarmartin111 Год назад
Pace when are you coming to Reno Nevada please
@jasonmcbride3226
@jasonmcbride3226 Год назад
Do these same strategies work or are they legal in Canada?
@monkeyfinger7949
@monkeyfinger7949 5 дней назад
More great, real world content with the numbers and strategies. But we know there is a down side risk to break even deals, right? There is no margin for maintenance, vacancy, and possible rental price deflation (market shock), right?
@sl2427
@sl2427 Год назад
😮wow
@PaceMorby
@PaceMorby Год назад
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
@S_TechSocial
@S_TechSocial Год назад
Awesome video with tremendous value as always Pace! Do you have a specific email or contact point? Thank you 🙏
@lindavista1000
@lindavista1000 Год назад
If working with you on subto deals do I need to have a LLC and bank account?
@MrGeekedUpp
@MrGeekedUpp Год назад
Im In Tampa Fl and I want to be the boots on the ground looking for properties, how can I start
@holdenhassell225
@holdenhassell225 Год назад
You still have that deal in Allen TX?
@ab-qn7kv
@ab-qn7kv Год назад
Does a (sub-to) deal affect the sellers debt to income ratio for future mortgages. If so, is there a work around to ease those concerns when pitching the idea to a seller. Thanks
@JoeGlascockJr
@JoeGlascockJr Год назад
Proof that you're making the payments will take 75% off dti and after 1 yr 100% of the debt will be deducted.
@alexisortega7554
@alexisortega7554 Год назад
From what I’ve learned, as long as you are servicing the payments to the seller’s mortgage through a third party agency company, it wouldn’t affect sellers dti
@tylerporter8001
@tylerporter8001 Год назад
I’m also looking for the answer to this. Fannie Mae guidelines DO allow for this, but the buyer has to be obligated on the debt. Section B3-6-05. Someone help
@JoeGlascockJr
@JoeGlascockJr Год назад
@@tylerporter8001 sounds like an assumption. Its no different really than showing proof of servicing that a tenant is paying your mortgage through rent.
@ab-qn7kv
@ab-qn7kv Год назад
@@tylerporter8001 I found it. Pace made a video pertaining to debt to income. ru-vid.com7aUmPCmGc74?feature=share
@sl2427
@sl2427 Год назад
Buy and hold
@PaceMorby
@PaceMorby Год назад
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
@whatskevindoing
@whatskevindoing Год назад
So is the only way to become part of the community (besides Facebook) to pay for the $8000 course?
@yessical6514
@yessical6514 Год назад
Hi I'm paying for course but because I have a full time job you could come work for me
@glacierdiamonds5723
@glacierdiamonds5723 Год назад
Worth every penny I got the course in 2020 I would charge more if it was me. Ppl pay 100k for 4yrs of college and still broke
@PaceMorby
@PaceMorby Год назад
@@glacierdiamonds5723 Exactly!!!
@whatskevindoing
@whatskevindoing Год назад
@@yessical6514 Let's talk about that. I work from home as a mortgage lender and have time to invest in this as well.
@0223Jeremy
@0223Jeremy Год назад
@@yessical6514I own a moving company. Love real estate. Located in mid west
@wenben30
@wenben30 Год назад
Where can we get 5% loans, these days?
@mslo7118
@mslo7118 Год назад
I'm 4 months in still looking to connect to get my first deal.
@VeronicaGrimes_tc
@VeronicaGrimes_tc 10 месяцев назад
Hey!@mslo7118 How areyou? Are you buying substo deals? ?I am a tc, let me know how can I apply.
@franciscopichardo1312
@franciscopichardo1312 Год назад
Wish it was in New Jersey
@yessical6514
@yessical6514 Год назад
Hi you could do from anywhere come learn from me
@PaceMorby
@PaceMorby Год назад
Im coming in New Jersey right now!
@sl2427
@sl2427 Год назад
❤👍
@PaceMorby
@PaceMorby Год назад
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
@davidpeterson519
@davidpeterson519 Год назад
I have a question I live in Texas and I have studied realestate years ago on creative finance i learned the stragety of subject 2 but never did a subject 2 i use to buy forcloser from banks leveraging the bank 100% and in 2012 lost everything do you offer a way to get into your network. I can do Break down good deal from bad and have a roofing company and construction background but I have not doneany realestate since 2012 and dont have any connections or know all proper paper work to make deal.go thru.I now not able to walk due to major leg injury in 2021.I guess what I asking I would like to learn paper work or be in touch with the right attorney for proper doc to close subject 2 deals and network.If you where in my situation.How would you tackle if you where in my situation.Working in your built community with my limitations but knowledge that will.need to be refocues and or retrained.I like to talk with you share my story as well as learn from you because I have always love the starategy but paperwork was the problem for me and of courst deal and access to money.
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