I’m an agent in San Diego and just learned this. I just got 1 of my sellers to offer seller financing at 3% it changes everything!

@dannybuyshomes

Жыл бұрын

Heck yeah man! Do you guys have a buyer yet?

@DennisBragg_

Жыл бұрын

@@dannybuyshomes have 1 great buyer so far and haven’t even listed it yet.

@brianchaparro1530

Жыл бұрын

Yo bro I’m in San Diego help me learn

@prosforecharitygolfeventse8197

Жыл бұрын

Im in Oceanside, endless times I asked agents about seller financing and they have no clue. It's the greatest win win to sell

@Olvera1021

11 ай бұрын

I'm in vista let's link up

That was a glimpse into the mind of a Billionaire! While I would be content with that one deal, Grant immediately thought about how he can scale this play into a large portfolio via a fund 🤯

@mrjuannorris_

Жыл бұрын

And you see how fast they both are to partner up with someone to make money when they both bring something to the table.

@robertruschak7083

Жыл бұрын

It makes logical sense for GC to scale up on the Mory method. Brilliant way how he Made hundreds of millions from his real estate syndication acquisitions

@clippyrema2678

Жыл бұрын

That’s the missionnnnn

@user-ds2rd2oq1r

6 ай бұрын

$2.4 million $70,000 down Remaining balance of $2,330,000 amortized into a 30 yr 4% interest only payments. No balloon. 🎈 or 10 yrs if it gets the deal. Airbnb it for roughly 290-310 days out of the year and you are doing pretty good.

I was so shook he wasn’t aware of it! Glad you taught him Pace! 💥

@cmonz9

Жыл бұрын

Voxtur …

@muncefiji

Жыл бұрын

That's Mastermind,Pace leveraged to Grant Cardone to get attention.. Pace 10X move and Pace gets to help a Billionaire like Grant Cardone.. If Grant Cardone is Satisfied he will teach and show Pace how to up his Game.. It's both a Win win Situation it's Inspirational it's Motivational it's fuking a Breakthrough information so glad I came to watch on time so Awesome love you both Pace and Mr Cardone

@balla2828

Жыл бұрын

Why are you glad he taught him? Lol this is stupidity to be honest. “Let’s teach a huge competitor an amazing strategy.” 😂😂

@deaneng8540

Жыл бұрын

​​@@balla2828 Pace created his biggest competition. It's like a little software company that has a niche and they share their technology with Microsoft who is now going to crush them!

@balla2828

Жыл бұрын

@@deaneng8540 an absolutely imbecilic move if I am being honest. Yeah let me just go teach Apple, Microsoft & Nvidia EXACTLY WHAT THEY DON’T KNOW. Pure dumbassery at display here. Utter stupidity.

Could watch 10 hours straight of this,found you from Grant! More with Grant!

This how I am with commercial brokers explaining subto or creative financing. It’s super frustrating teaching one at a time. Most brokers think it’s fake offers

😂😂😂 amazing dude. Creative finance has changed my life. I just purchased my 10th property Subto with a 2.75% interest with creative finance and have not used any of my own credit or credentials. Annnnyyoonnnee can do this ✌🏼

@jamarmills7928

Жыл бұрын

Niceeeee what market are you buying in

@Spencer.bishop

Жыл бұрын

@@jamarmills7928 all central FL counties, single fam, multi family , and mobile homes

@jamarmills7928

Жыл бұрын

@@Spencer.bishop i just subscribed to your channel brother aside from TX I also work in the south FL and Central FL markets I'd love to connect to see how we can add value to each other in that pocket of FL

@Spencer.bishop

Жыл бұрын

@@jamarmills7928 let’s go 💪🏼 appreciate you

@jamarmills7928

Жыл бұрын

@@Spencer.bishop yesirrr let's get it ! What is your email bro

funny that pace said mynd for the property managment company ... i bought a property that mynd was managing and i had a bad experience with them

@mrjuannorris_

Жыл бұрын

Hey there. Would you care to elaborate to help us out? What were they not doing right?

Jesus, all the things I’ve thought about GC. The fact he doesn’t know about “Subject To” deals is far more mind blowing than what so many in the comment sections are referring to this info as being. There’s actually so much more you can do on these deals when it comes to objection handling for potential sellers in making them feel more comfortable. U can also put a clause in place where if the new owner defaults on say 2 consecutive months then the property is transferred back to the original owner to protect him from the foreclosure on the property he’s still responsible for since the mrtg is still in orig owners name. That almost always gets sellers over the hump. IF ANYONE IS SERIOUS ENOUGH & HAS THE BASIC LEVEL OF MONEY TO GET A COUPLE OF THESE DEALS CLOSED & IS INTERESTED IN THE CENTRAL FL MARKET, THEN FEEL FREE TO RESPOND AND WE CAN CONNECT. I’VE BEEN DOING THESE AND MANY OTHER RE INVESTMENTS MY ENTIRE CAREER. It’s crazy how the game has always been pretty much the same but continues to recycle out there to the newest crop of investors just starting out. Awesome video BTW!!

Pace, you are the most loving, caring, giving man, I have ever met.

@PaceMorby

6 ай бұрын

Thanks bro

Haha! That’s freaking amazing. Glad to be a part of Subto!

Pace, this is so freaking amazing! I’m so excited for you! ❤

Probably one of the BEST videos out there 🤣 I love that even Grant Cardone are having these revelations! ✌🏼

Dammmmmmmmm love to see my mentor educate my role model lol . Both are badass role models

@mrjuannorris_

Жыл бұрын

Great analogy. What market are you in?

@texasjess1946

Жыл бұрын

@@mrjuannorris_ what are you looking for?

Love to see you keep leveling up Pace! Sub to is definitely my favorite strategy.

Just imagine what they are about to buy up by turning this into a fund! Pace just made Grant a billion in assets with the resources he’s already accumulated.

I have been following GC for a long time and it's time to follow Pace! 💪

Pace is the best teacher! ❤ Drills it into your head til you get it!

WOW, PACE TEACHING GRANT CARDONE, THAT WAS GREAT TO WATCH!!

Pace is the ultimate Visionary 🤩

Kev is the man!!! So happy for you 🎉🎉

Show him Pace!!

What terms he wants - always people tell me 50% also - ask how long has he owned this thing- 20years love this

The Real Estate Knights Table just added a new wise man to its table. Lets make some deals 🏡 Nice going Pace and Grant. Glad to see you meet and the two working together. God bless you

Peace, genuinely helping others to scale and succeed in the Business 🙌🏼 you are the GOAT 🐐

Truly impressive! Like I always say, Pace, you never cease to amaze me! Your knowledge is infectious!

THIS IS UNREAL!! Best video ever.

Probably one of the most valuable videos I've seen in 2023.

@pace, this is amazing thank you so much!! How does the bank collateralize the mortgage and is this only for assumable mortgages?

Thanks for this

@PaceMorby

Жыл бұрын

YOU ARE WELCOME!

I love this!❤🔥

Freaking Awesome Grant!! Hope to see you in our Subto Community✌️

Easiest way for mortgage company to get high rates on their loans is to call these due on sales. Mortgage companies have been calling these due on sales for the last couple months. It’s pretty easy to scrub title changes, which is breaking the covenants of the loan

What is stopping the distressed seller filing for bankruptcy during this process? What happens then

you are the under dog soon to be the top goat!

Great video!!

Very seldom can you look back and pinpoint career changing conversations but this was definitely one of those.

Pacer s so smart. Teaching grant this will be the best thing that has ever happened to you. Now he can do bigger deals with him together. 😁💰

If an agent has an exclusive right to sell listing and the owner sells to you then legally the seller owes the commission for the 5% or whatever the listing agreement said. So you would have to wait for it to expire or convince the agent and owner to modify the listing agreement - Unless the subject to doesn’t count as a sale

Pace is the master of creative finance that why he is my mentor

This was awesome seeing you two work together! Can’t wait to see more in the future!!

Hard to believe that I knew more about Subto than billionaire Grant Cardone but then my teacher is Pace Morby so no hard to believe at all. Thank you @PaceMorby for all that you teach in your Subto community. And great to see Grant Cardone drinking from the firehose and totally getting it.

Pace you are the best 👌

This was lit!!!

i’m diving into this trying to learn as much as i can. trying to understand the process. up at 2:30 in htx

Damnnnn thank you so much for putting this info out there!!!

@PaceMorby

Жыл бұрын

No problem!!

Pace one thing not discussed is when deed is transferred it could trigger property appraiser to re asses value and increase property taxes ? Has this happened and how do you deal with this? Just cost of doing the deal?

Making this too public will only entice the banks to all the sudden not be ok with it and take the property.

@89DrFunk

Жыл бұрын

I was thinking the same thing. Once the public finds out they tend to close the loophole. On the other hand if banks call in all their mortgages they will have a huge mess on their hands. As long the mortgages are current and the banks making money on the interest they may just deal with the sub to deals.

Pace is high level!! That was soo💣💣, baby! schooling the uncle G 😂

Pace 🎉 sometimes the most simplistic things billionaires may never do but you showed him it’s possible!!! ❤❤❤ Always a giving spirit!

You don't know what you don't know. Good job for blowing Grant's mind!

You're the MAN PACE! 🎉🎉🎉KUDOS!

I'm in! let's go do this...

I love grant I love Pace

Love this, but need to understand how the seller then qualifies to buy a new house because they would still need to include the old home in the DTI. You don’t have a lease agreement so how does seller exclude old house debt?

That was SOoooo cool!!!

MY BRAIN IS ON FIRE AFTER WATCHING YOU GUYS SPEAK VERY EXCITING THANK YOU GUYS FOR THE BLESSINGS 🙏

Pace is the GOAT 🐐

Man I wish I could do deals with the two of you!!! Holy crap

How much did you two make together so far? What is the fund called? How can we invest?

It was great!!

This video was 🔥

That’s awesome!!! Seeing how a billionaire’s mind just starts scaling from one idea is insane

That was soooo good!

@RaeMajorsWildman

Жыл бұрын

Aww...thanks for the love. I can't believe I just found you. You are truly a "Go Giver".

Yes bro land watch/ need a broker/ crexi- always a home owner- key

God bless u pace 🎉 u the man.

Bruh!!! 🔥🔥🔥.. but I thought y’all stopped using Propstream???

@mrjuannorris_

Жыл бұрын

I believe they use Propstream, or Batch Leads for pretty much everything except expired listings, which they get from Privy.

Here before it goes viral

That's my mentor right there 😊😊😊✌🏽✌🏽✌🏽✌🏽✌🏽

@usastarz

Жыл бұрын

You doing any deals yet?

1:15 filter for owner financing in propstream or MLS.

Let’s go Kevin!!!

such a good video

Great video damn

Ah fuck, now Grants gonna take all the sub2 deals

@VeronicaGrimes_tc

11 ай бұрын

Hey! @joshdees Are you looking to close Substo transactions? If so,I;m a TC. I can help you and when you need it.

I’ve met and took photos with both these guys legends

New favorite KZread

Mr. 10X meets Mind-blowing method to 100X.

LOL, Grant learning from Pace!!!!! knowing that he has to make up for the lawsuits that hes in!!!!!NIce!!!!! Class act!

Awesome video…

Cardone learnt quick

@mrjuannorris_

Жыл бұрын

Great analogies and simple stories always do it.

Gold ✨

I would really want to participate in the zoom but I observe the sabbath are you able to push it off to Sunday?

If the mortgage is in the sellers name how do you use the mortgage interest from the loan as a tax benefit?

Need to submit an offer at this point or a LOI - letter of intent- at 5% down 4% intrest key here and call them back close the deal (listened to this like 3times) - here I always get a no or are your crazy told by agents all day. this is where we wait and see meaning follow up sequence come in here - longer the asset sits on market more leverage you have

We have builders/crews/call center in place lined up here in Savannah GA -- Military bases all around and sellers are abundant with VA loans ready to gooooooo!!! They're dredging out the ports to compete with NY and bringing in massive facilities like Hundyi/Amazon = 5,000+ homes are needed ASAP for these plants and steady stream of Military family Renters! Building high density apartment complexes while picking up land/homes as we go with AirBNBs on the coast.. Desprtate for additional help and deep pockets with this growth. Will be calling your tomorrow!

Pace Schooled Grant Cardone💯

excuse my french but this is FUCKING GOLD

Pace im in South florida where do I get started with Subto?

I need to work with these guys...

Epic!

Mad rich content!!!

Holy crap this is gold

😂😂 this is sooooo awesome!!

3:33 price drops 20% down 50% send in an LOI offer at 5% down 4% interest

Subscribed

When you teach everybody at a point there will not be enough to go around

This was good. Something monstrous is getting ready to happen! Stay tuned.

That shocked me. your amazing pace

@PaceMorby

5 ай бұрын

Thank you bro!

What’s the update on the fund

Uncle G: 🤯🤯😎CASHFLOW!

My first question is: why would pace want more competition. grant is going to 10x subto deals making it harder for all of us subto'ers

@PaceMorby

Жыл бұрын

no shortage of opportunity