No video

Closing on a Subject To Property LIVE

Pace Morby is joined by Hannah Gustafson to take us on a deep dive of a subject to real estate investment deal and close on the property. Subject to helps buyers secure low interest rates and makes it easy to get involved in real estate with no cash, credit or credentials.
The deal, secured at a 5.75% interest rate, will cashflow as a rental property. This will pay down the mortgage and the property will appreciate over time, creating longterm wealth for Pace, the new owner.
The $35,000 entry fee to the home was financed by a private money lender. Again, highlighting the ability to invest in real estate without significant personal capital.The SubTo student who found the deal received a $10,000 payment, the agent received $11,000, and the seller received $10,000. The property is expected to be rented out for $3,400 per month, with a monthly payment of $2,500, resulting in a positive cash flow.
Join use as we analyze the investment's potential cash flow, emphasizing its attractiveness as a real estate investment. Learn about the subject to strategy and how it allows investors to take over existing payments and secure cash flow. Don't miss out on this opportunity to gain valuable insights into real estate investing and discover how you can leverage creative financing techniques to build your real estate portfolio.
⬇️ Check Out Hannah On Instagram ⬇️
hannah.gustafson
► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼
subto.sjv.io/Y9aome
► Join Our Free Facebook Group to Connect with Pace and his Students:
paceapproves.com/freefb-yt
► Subscribe To My Second Channel:
/ @keepupthepace1
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
getcreativepodcast.com/
► The Ultimate Exit Strategy for Subto Deals:
splityourpad.com
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
jointoptiercommunity.com/
-----------------------------------------------------------
► Get Our Vulcan7 Code:
www.vulcan7.com/pace
► Get Our BatchLeads Code:
batchleads.io/pace
► Get Access To Privy
Startwithprivy.com
------------------------------------------------------------
🔌 PLUG IN & SUBSCRIBE 🔌
Instagram: / pacemorby
TikTok: / pacemorby
LinkedIn: / pacejordanmorby
🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: go.www.pacejmorby.com/assignment
📑 FREE wholesale contract: go.www.pacejmorby.com/wholesale
📑 FREE cold calling script: go.www.pacejmorby.com/coldcal...
📑 FREE cold texting script: go.www.pacejmorby.com/texting
📑 FREE foreclosure script: go.www.pacejmorby.com/foreclo...
📑 FREE disposition checklist: go.www.pacejmorby.com/dispo
📑 FREE comping cheat sheet: go.www.pacejmorby.com/comping
📑 FREE guide to pulling a water list: go.www.pacejmorby.com/water
📑 FREE guide for taking photos on appointments: go.www.pacejmorby.com/photos
📑 FREE seller lead form for talking to sellers: go.www.pacejmorby.com/seller
📑 FREE profit and loss template: go.www.pacejmorby.com/profit-...
#RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips
🚧🚧🚧 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 KZread video for entertainment purposes ONLY ❎

Пікірлер: 64

  • @EquityHero
    @EquityHero9 ай бұрын

    Hey Pace, future student here. I've been going over all of this value you have been giving us. So I've decided that I plan to give some of that value back as soon as I can!

  • @RobertHasty

    @RobertHasty

    9 ай бұрын

    Absolutely worth it. Don't wait, I wish I didn't.

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Love it! Can't wait to see what you accomplish in the community.

  • @besnikkadriu3140
    @besnikkadriu31409 ай бұрын

    Love this full disclosure. It really teaches the little nuances. These details are so confusing and ppl just hear about them but actually don’t know much about them. Appreciate it Pace. Thanks so much.

  • @user-zd5go7kg8e
    @user-zd5go7kg8eАй бұрын

    Congratulations Anna🎉

  • @gdsgift4260
    @gdsgift42609 ай бұрын

    This was the best video I’ve seen in a while idk it captured my attention you linking where you got everything so smoothly but not over doing it Just Putting us to the right direction and real life docs it felt more immersive DO MORE!! ❤

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Glad you enjoyed it! I'll pass that along to my team.

  • @rob-toolsandtech2521
    @rob-toolsandtech25219 ай бұрын

    Valuable info, Pace

  • @brittneyjackson7173
    @brittneyjackson71738 ай бұрын

    GREAT job, man! Solid deal.

  • @faizaenterprises2279
    @faizaenterprises22799 ай бұрын

    The documents do not include a performance deed

  • @AD-eb7ft
    @AD-eb7ft9 ай бұрын

    Pace! Appreciate this so much that you’re giving this away. I need a contract to give to interested seller! You and the team are awesome! -Adam in ATL

  • @truthserum1271
    @truthserum12719 ай бұрын

    Just subscribed! I will be in your class this Sat at noon

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Awesome! Thank you!

  • @WildChair-ry8ty
    @WildChair-ry8ty9 ай бұрын

    This was brilliant, thanks man. I'll learn more numbers through your SubTo playlist

  • @ElLeNoir..ELconomics
    @ElLeNoir..ELconomics9 ай бұрын

    Pace you the man!! Coach

  • @danielbowersock9301
    @danielbowersock93019 ай бұрын

    Wondering how this cashflows?

  • @BevPeffer-ISurvivedAbuse
    @BevPeffer-ISurvivedAbuse9 ай бұрын

    I love watching you

  • @Jramirez2528
    @Jramirez25289 ай бұрын

    This stuff is realllll!!!! Starting learning about Pace and Subto about a month ago. Teamed up with a Subto student and will be closing on my first deal in the next few days!!

  • @harijotkhalsa9496

    @harijotkhalsa9496

    9 ай бұрын

    How did you connect with that student and what was your involvement and payout on the deal?

  • @RobertHasty

    @RobertHasty

    9 ай бұрын

    Congrats

  • @currently9143

    @currently9143

    9 ай бұрын

    Congrats bro!

  • @MasteringMoneyMoves
    @MasteringMoneyMoves9 ай бұрын

    Where is he getting the 350 from?

  • @Lanegneiting
    @Lanegneiting9 ай бұрын

    I appreciate this!

  • @andreweisenhart6309
    @andreweisenhart63099 ай бұрын

    Pace, what rate do you pay to your PML.

  • @kennethmartin7138
    @kennethmartin71389 ай бұрын

    Great info!

  • @pksleep
    @pksleep9 ай бұрын

    Thanks for sharing

  • @breakage959
    @breakage9599 ай бұрын

    good job hannah.

  • @marckuhnmak
    @marckuhnmak9 ай бұрын

    Love this.

  • @brandonvphoto
    @brandonvphoto9 ай бұрын

    Pace the GOAT!

  • @BevPeffer-ISurvivedAbuse
    @BevPeffer-ISurvivedAbuse9 ай бұрын

    I was a notary closing agent in PA. Are you in need another notary closing agent?

  • @yessical6514
    @yessical65149 ай бұрын

    Pace how easy would it be to find land for a tiny home community where the home probably cost about 80,000 when all said and done and rent out for about 1000 with a laundrymat resident pay for own utilities have a dog park a very nice community possibly charge 1000 -1200 a tiny home a1or 2 person home

  • @krispassmore
    @krispassmore9 ай бұрын

    Pace we need you back in DFW after da baby 👶🏻

  • @danielbowersock9301
    @danielbowersock93019 ай бұрын

    looked up this online just now and its listed for rent for 1,400/mo... is this a rent by room? or am i missing something that gets it to $3,500 in total rents per month?

  • @josegaldamesaguilera8285
    @josegaldamesaguilera82859 ай бұрын

    I really appreciate what you guys do !

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Thanks for being here!

  • @antranik6858
    @antranik68589 ай бұрын

    i appreciate you pace :)

  • @phashimoto57
    @phashimoto579 ай бұрын

    Big love

  • @mikeg3810
    @mikeg38109 ай бұрын

    How do you crunch numbers and determine if this is a good deal or not? And what method is best for specific situations?

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    I have a comping guide to compare to other properties in the market and check out my SubTo playlist for more crunching the numbers. You need to know entry fees and PITI.

  • @natejlee91
    @natejlee919 ай бұрын

    Hi Pace, How do I access equity/appreciation on this property down the road? Cash out refi? HELOC? Can I even sell it? I think you’re a genius by the way I really wanna join your mentorship

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Depending on how you hold it cash out refi or 1031 it into another investment. As an investor, I do a lot of 1031.

  • @AntonioPolk
    @AntonioPolk8 ай бұрын

    You are appreciated 🎉

  • @PaceMorby

    @PaceMorby

    7 ай бұрын

    Appreciate you bro!

  • @ristoshikongo7730
    @ristoshikongo77309 ай бұрын

    It's only a matter of time before he becomes a Billionaire.

  • @VronScintillation
    @VronScintillation9 ай бұрын

    How do we know if we are signing up for subto and not be scammed?

  • @damianmarin1008

    @damianmarin1008

    9 ай бұрын

    It’s not a scam, I’m a student in Pace’s SubTo. Pace gives soo much more away then the price you’ll pay for the membership. 10/10 recommend you get to be connected with likeminded investors around the states

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Be sure to follow the right link paceapproves.com/subtoytc. But if you'd like to connect with some students first to get first hand info head to the Facebook group paceapproves.com/communityytc

  • @gabriellemarshall2237
    @gabriellemarshall22379 ай бұрын

    Whoooooooppp Hannah!!

  • @ttirrell
    @ttirrell9 ай бұрын

    You could get Mr Beast type views by giving away houses to your students. That would be CRAZY!

  • @jjsupremeorta15
    @jjsupremeorta159 ай бұрын

    I love when realtors say this isn't real lol. 😂

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Right?! Hilarious.

  • @jeffreylonghr
    @jeffreylonghr9 ай бұрын

    This is a red flag for my brokerage lol😂😂😂

  • @PBnJavi

    @PBnJavi

    9 ай бұрын

    How so?

  • @jeffreylonghr

    @jeffreylonghr

    9 ай бұрын

    @@PBnJavi Thats what i hear from other Realtors lol!!!! Then i share new education;)

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    Switch brokerages. They sound lame.

  • @jeffreylonghr

    @jeffreylonghr

    9 ай бұрын

    @@PaceMorby Thats what i tell them lol!!

  • @mleak0108
    @mleak01089 ай бұрын

    ❤Hannah!

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    She's great!

  • @harijotkhalsa9496
    @harijotkhalsa94969 ай бұрын

    So all the deals in the subto community add to his personal portfolio? I don't get why the student doesn't get the PML themself and put it in their own name. They're the one who won the deal.

  • @RobertHasty

    @RobertHasty

    9 ай бұрын

    Alot of students are starting out wholesaling to build up enough money to quit w2 and do this fulltime. Cherry pick the really good maybe for themselves.

  • @PaceMorby

    @PaceMorby

    9 ай бұрын

    I buy less than 1% of 1% of the deals inside of the community. Also... someone NEW to the industry might not have learned the valuable skill of managing properties. So... theres your answer.

  • @harijotkhalsa9496

    @harijotkhalsa9496

    9 ай бұрын

    @@PaceMorby I super appreciate it. I am unable to at this time but if I ever buy a program going forward it'll certainly be yours.

  • @JoeGlascockJr
    @JoeGlascockJr9 ай бұрын

    Pace has all the Hotties working for him 😂🎉