Breaking Down Creative Finance for Sellers

Why would I sell on creative finance? How do I protect myself as the seller in a creative finance transaction?
Pace Morby answers these questions and more as he deep dives into creative finance from a seller’s perspective, including what questions to ask and why a seller would consider going the creative route. He helps explain by referencing specific deals he bought with seller finance and subject to. There are numerous benefits for both buyers and sellers when using creative finance vs selling/buying the traditional way, and Pace will break it all down for you.
► Personally email Pace if you’re doing a deal with his students:
[e-mail]
► Know THIS Before Selling on Seller Finance:
• Know THIS Before Selli...
► How to Boost Your Profits on Every Real Estate Deal:
• How to Boost Your Prof...
► Interview with my attorney about the legalities of SubTo/Seller Finance:
paceapproves.com/attorney-int...
► Join My Subto Mentorship:
subto.sjv.io/g1EY4g
► Join Our Free Facebook Community:
paceapproves.com/communityyt
► Become a Top Tier Transaction Coordinator:
toptiertc.pxf.io/5gNoyn
► Order My Book Wealth Without Cash:
amzn.to/3EgWUBw
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️
pacejmorby.com/wholesalecontract
✌️ Follow Me On Instagram: / pacemorby
✌️ Follow Me On TikTok: / pacemorby
Chapters:
0:00 - Intro
1:15 - Why would a seller sell on creative finance?
13:09 - Selling subject to
20:39 - Questions seller should ask
24:54 - Who is the buyer usually?
29:31 - What is the buyer wanting to do with property?
33:07 - Does title/closing attorney know what they’re doing?
36:18 - Does my real estate agent know what they’re doing?
42:28 - How does the money actually get paid to my bank?
44:49 - What are terms?
48:46 - Debt-to-income ratio
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️
🚧🚧🚧 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 KZbin video for entertainment purposes ONLY ❎