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.
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?
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
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
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
@@tylerporter8001 sounds like an assumption. Its no different really than showing proof of servicing that a tenant is paying your mortgage through rent.
Any time. I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
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.
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
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.
“You don’t come to TH-cam to learn. TH-cam is for entertainment” 🤣 makes sense tho
I just used Prime to set up my LLC and Pace is absolutely right about them.
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.
Sweet! Thank you for sharing this one! Thank you Pace team!
Nice thanks Pace and community I learn a lot
Thank you pace tons of information really appreciate straight-to-the-point answers short and sweet.
Bought three deals in Cali?!?! Changing those rules Pace lol I’d love to hear about those.
Amazing training in just a short video.
Loved this video! Very good questions too
Found out about you just today and wish I saw this 4 days ago, because I would’ve pulled up!!
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?
lol, the sorry middle finger cracks me up
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
Proof that you're making the payments will take 75% off dti and after 1 yr 100% of the debt will be deducted.
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
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
@@tylerporter8001 sounds like an assumption. Its no different really than showing proof of servicing that a tenant is paying your mortgage through rent.
@@tylerporter8001
I found it. Pace made a video pertaining to debt to income. th-cam.com/users/live7aUmPCmGc74?feature=share
Lots of great insignt. Can i use property depreciation on primary residence or only investment property.
Pace is awesome
Thanks for beginning class.
Any time. I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
If working with you on subto deals do I need to have a LLC and bank account?
Pace when are you coming to Reno Nevada please
Im In Tampa Fl and I want to be the boots on the ground looking for properties, how can I start
Awesome video with tremendous value as always Pace!
Do you have a specific email or contact point?
Thank you 🙏
You still have that deal in Allen TX?
love the value and breakdowns!
Have you looked at the Elephant Challenge yet? It is next week.. pacejmorby.com/invite
Do these same strategies work or are they legal in Canada?
So is the only way to become part of the community (besides Facebook) to pay for the $8000 course?
Hi I'm paying for course but because I have a full time job you could come work for me
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
@@glacierdiamonds5723 Exactly!!!
@@yessical6514 Let's talk about that. I work from home as a mortgage lender and have time to invest in this as well.
@@yessical6514I own a moving company. Love real estate. Located in mid west
Buy and hold
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
Where can we get 5% loans, these days?
I'm 4 months in still looking to connect to get my first deal.
Hey!@mslo7118 How areyou? Are you buying substo deals? ?I am a tc, let me know how can I apply.
Wish it was in New Jersey
Hi you could do from anywhere come learn from me
Im coming in New Jersey right now!
😮wow
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby
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.
❤👍
I have the Elephant Challenge coming up, and consider the free Facebook group. www.pacejmorby.com/invite Facebook.com/groups/creativefinancewithpacemorby