This is EVERYTHING, from start to finish, on how I did this Subto deal. But if you have any questions... ASK! I want to make sure it's crystal clear how anyone, even you could do a deal just like this. If you want to jump start doing deals, then click the link below to join my community, learn how I do these deal, directly from me and change your life! subto.sjv.io/g1EY4g Thank you for watching - If you enjoyed please give it a like and share it with a friend, I would really appreciate it!
This is awesome. But my questions are: - How does the gator get paid back? - How long do you plan on holding the gator loan for? - The rental income needs to cover the mortgage and the gator loan pay first before being considered cash flow right?
Very interesting and easy to understand. Pace, you mentioned that you would put a tenant in this house. Any other exit strategy that can be considered in this situation? Thank you for your answer
you mentioned that real estate agents have continuing education that teaches subject to information. Can you tell me where you have seen those classes or text books on it? I know you have a course, but it seemed like you were talking about standardized course that is available through regular real estate schools
Pace, at about the 28 minute mark you mentioned a mind-blowing issue connected to a title search. How can a wholesaler cloud the title by suing or place a lien and/or memorandum on a home if the wholesaler buyer wasn’t able to find someone to wholesale the house to and therefore goes back to the homeowner and cancels the option to purchase? Thanks for the insight in advance!
Hello Pace, my name is Aritmedes Borgen, I want to start in the business and I am watching all you videos and one call my attention when you said that I can do this for buy a car, I would like to know how in you case, if you buy a car what is the contract in order to put you own license plate on the vehicle.? Sorry for my stupid question. God bless you brother. 😊
I have a property in Danville va seller said $0 down 2 yr ballon $50 a month yes $50 a month but house needs a full rehab n wants $50,000 at end of 2 yrs I wanna assign it but everyone I sent it to said too much work I need help pace can you help me
Curious, Pace, just saw you with Dean and Tony. Would you be interested in helping me in my situation? HOA went into deficit and I know that the State will probably take the property Complex has about 100 unit's
I’m 99% sure I will join your community, I want to be a gator or a PMI, I don’t have time to do deals but I have capital to make sure deals get done, how much can I make as a gator or pmi?
Dex - That is exactly what I did. I used to be a super pessimistic person. I finally joined Gator in April of '23. It took a few months, but I finally got a deal done and made over $8k on a 2 mo. loan. The money was cool, but more importantly it showed me it was possible. Then I did a few more and joined Subto. - One peice of advice. Don't do what I did and go into my little hole thinking I could do it all on my own. After I sort of tried it out and started networking with people, that is what finally got things rolling for me. Good luck Dex and reach out if you ever want to chat or ask any questions of a fairly new investor. - Jarrod
Great way to get a home but im seeing more and more folks saying the bank is calling the note due (due on sale clause). Its never happened to Pace apparently but its happening to more & more folks whom acquire a home, subto
Thank you for presenting this whole process! Thank you for your Team! You make it look logical and systemic,but…for many is a scam. I am thankful to you and your team and i joined 🐊 to can”analyze” like an engineer the ups and downs with a spark of an insider! If you ask the seller-she might think that our Lord Jesus Christ send you to help the retired teachers to resolve their RE liabilities!
Pace has put together a complete community that is beyond words. It almost forces you to be successful as long as you take action!! This is so amazing and it freaking just keeps getting better!!
95-99% of people can't do it like this because pace can overpay dramatically (you can not) never overpay for a free house (it's still not worth it) he needs write-offs ( YOU NEED CASH) BIG DIFFERENCE….
You love crying , go assign the house then if you can’t afford it , then invest in buy & holds or fix and flips . 2025 is near get rid of the victim mentality
Good luck when this gets called due. Subject to can work but not as magical as pace sells it to be. Hea just like every other xourse salesman trying to line uis own pockets
The hardest part of solving that situation is getting on the phone with person who know what they’re talking about. Tell me you’ve never joined this community wo telling me lol
@Alexkasai there are plenty of seasoned investors who are also attorneys who've spoken out about these risks. Deal structure is just being tossed together without the proper investment into what happens when the inevitable challenges arise. Go back and watch the last couple years of PM... If you can't see it then I don't know what to tell ya.
@@AK-rza Thanks for the concern! Again, those have been asked dozens of times and have been answered throughly dozens of times with attorney in presence. Pace is kind of guy who drops tens of thousands to hire his attorney so we can ask questions, not only that we have access to attorneys who have dealt with dsc. In the investing world risk is inevitable, so kind of odd you think we don’t do our due diligence?
@Alexkasai I assume Pace's protection of himself is fine. I don't think the majority of people doing Sub-to are working through things in a complete fashion. My warning is to the common investor practicing this method without an army of money behind them. He's no different than Ryan Pineda, Thad, or any other promoter you have seen come and go. I've left specific criticism of his inaccurate numbers and his spin. He's made false statements about taxes liabilities and rates that are made to try and sway sellers and PUMP up this strategy. There are certainly benefits to Sub-to. I'm not saying it can't work. I am saying he's over selling it to sell himself and recruit more money.
@ I agree with you, you do good amount of capital if thing gets worse, I personally and I’m sure other investors in the community aren’t that worried bcs the amount of money inside it is in the billions so I’m confident as long as I can make the numbers make sense I can always lend from gators to solve the problems. You’re 100% right that sub to isn’t something that half ass investor should even be thinking about, it requires good amount of knowledge and experiences to do it right. The hardest part of sub to is doing it right, like you said it’s 100% possible and in my opinion it’s great tool to have under the belt to make me more money. I however wouldn’t exactly call him a promoter, he does promote his community aggressively bcs whole community benefits from having new members, even if they’re brand new. Of course him too. By the way, if like how your name is AK too lol Hope you make shit ton of money ✌️ let’s connect if you want to do some deals with me!
This is EVERYTHING, from start to finish, on how I did this Subto deal. But if you have any questions... ASK! I want to make sure it's crystal clear how anyone, even you could do a deal just like this. If you want to jump start doing deals, then click the link below to join my community, learn how I do these deal, directly from me and change your life! subto.sjv.io/g1EY4g
Thank you for watching - If you enjoyed please give it a like and share it with a friend, I would really appreciate it!
Can you pull equity out of the house even though the mortgage is in someone else's name
So interesting to see the full timeline of how you do a subject to deal. Thank you for the full breakdown!! Saving this one
This breakdown is crazy good!!!
This guy, is one of a kind, only one in a millions of these guys! Pace you are amazing bro!
This is awesome. But my questions are:
- How does the gator get paid back?
- How long do you plan on holding the gator loan for?
- The rental income needs to cover the mortgage and the gator loan pay first before being considered cash flow right?
Nice! Like you, I appreciate going through the process of doing each step, but there's satisfaction in skipping the line, too! Thanks, Pace!
Best video of the series
OMG how do you structure that deal to still make money!
Hopefully there is another video coming soon.
Wow. Amazing video. Overwhelmed. Love your use of music. It followed you through nicely without being obnoxious. So much to learn here.
Very interesting and easy to understand. Pace, you mentioned that you would put a tenant in this house. Any other exit strategy that can be considered in this situation? Thank you for your answer
Trying to get my first home through this method. In Queens NY. Is it even possible?
Absolutely! You can do this anywhere. You got this!
What part of Queens? I might be able to assist you.
@@dishawngordon1921 Richmond Hills!
I'm with you right there. I'm also in NYC.
It’s probably the only way you will be able to buy a home in queens
you mentioned that real estate agents have continuing education that teaches subject to information. Can you tell me where you have seen those classes or text books on it? I know you have a course, but it seemed like you were talking about standardized course that is available through regular real estate schools
Pace, at about the 28 minute mark you mentioned a mind-blowing issue connected to a title search. How can a wholesaler cloud the title by suing or place a lien and/or memorandum on a home if the wholesaler buyer wasn’t able to find someone to wholesale the house to and therefore goes back to the homeowner and cancels the option to purchase? Thanks for the insight in advance!
Why not do the title inspection from the beginning?…can it be done without the house being in escrow??
Where do you get all the money to pay the hard money lender back?
Thanks for this breakdown Pace, very informative! I always appreciate the video's and everything you do for the community!
Hello Pace, my name is Aritmedes Borgen, I want to start in the business and I am watching all you videos and one call my attention when you said that I can do this for buy a car, I would like to know how in you case, if you buy a car what is the contract in order to put you own license plate on the vehicle.? Sorry for my stupid question. God bless you brother. 😊
Go watch the videos that show you that. I have multiple on the channel.
Good stuff Pace. Love the content. Thank you for the in-depth breakdown.
Great video but I have one question. How does that Gator get his money with interest back?
You set terms, timeframe. Pace would pay interest. Or whatever the terms are.
Lots of ways. 🎉
How and when are the gators paid please?
Depends on the term they agreed on, typically within a year after house made profit
I have a property in Danville va seller said $0 down 2 yr ballon $50 a month yes $50 a month but house needs a full rehab n wants $50,000 at end of 2 yrs I wanna assign it but everyone I sent it to said too much work I need help pace can you help me
Curious, Pace, just saw you with Dean and Tony. Would you be interested in helping me in my situation? HOA went into deficit and I know that the State will probably take the property Complex has about 100 unit's
Thanks I am learning a lot
I’m 99% sure I will join your community, I want to be a gator or a PMI, I don’t have time to do deals but I have capital to make sure deals get done, how much can I make as a gator or pmi?
Dex - That is exactly what I did. I used to be a super pessimistic person. I finally joined Gator in April of '23. It took a few months, but I finally got a deal done and made over $8k on a 2 mo. loan. The money was cool, but more importantly it showed me it was possible. Then I did a few more and joined Subto. - One peice of advice. Don't do what I did and go into my little hole thinking I could do it all on my own. After I sort of tried it out and started networking with people, that is what finally got things rolling for me. Good luck Dex and reach out if you ever want to chat or ask any questions of a fairly new investor. - Jarrod
This is 💯 true. Take note of all of it. 🎉
You’re a transaction engineer! 👷♂️
Great way to get a home but im seeing more and more folks saying the bank is calling the note due (due on sale clause). Its never happened to Pace apparently but its happening to more & more folks whom acquire a home, subto
It’s happened to him a few times he has videos on how that situation was handled
The hardest part of dealing with that is getting on phone with people who know what they’re talking about lol
I didn’t realize I had a favorite TH-cam video until now. 😆
Wow! Swaggy P! That’s so gangsta!💯💯💯💯
Hey
Gangsta P is sooo dope!🔥🔥🔥🔥
Thank you for presenting this whole process! Thank you for your Team! You make it look logical and systemic,but…for many is a scam. I am thankful to you and your team and i joined 🐊 to can”analyze” like an engineer the ups and downs with a spark of an insider! If you ask the seller-she might think that our Lord Jesus Christ send you to help the retired teachers to resolve their RE liabilities!
of course they can do those deals because of the community
Yup. This is why you join a community my friend.
Pace has put together a complete community that is beyond words. It almost forces you to be successful as long as you take action!! This is so amazing and it freaking just keeps getting better!!
@@ThadWinston Exactly
Our community is lit af
💜💜💜
the music is very distracting, and bad!!! good stuff tho Pace!!
Why did you pay yourself $15k from a gator when you bought the property? Is this an assignment fee or something?
Pace who can train me to be a TOP TIER TC? I wanna work for you and make 50k a month? Im in Oklahoma City. Please help.
95-99% of people can't do it like this because pace can overpay dramatically (you can not) never overpay for a free house (it's still not worth it) he needs write-offs ( YOU NEED CASH) BIG DIFFERENCE….
When the tide goes out, pace will be swimming with his underwear
He’s 2-3 tides ahead
@@Uplifterz760 buy his course so he can stay afloat
You love crying , go assign the house then if you can’t afford it , then invest in buy & holds or fix and flips . 2025 is near get rid of the victim mentality
@@FadeingRevolt 💯 That mindset is hard for many to break out of, THATS why they fail.
I CALLED Yusuf THE GUY 3 WEEKS AGO AND HE MENTIONED HIS COURSE WAS 3K -0R 7K LOL (bs )
Good luck when this gets called due. Subject to can work but not as magical as pace sells it to be. Hea just like every other xourse salesman trying to line uis own pockets
The hardest part of solving that situation is getting on the phone with person who know what they’re talking about. Tell me you’ve never joined this community wo telling me lol
@Alexkasai there are plenty of seasoned investors who are also attorneys who've spoken out about these risks. Deal structure is just being tossed together without the proper investment into what happens when the inevitable challenges arise. Go back and watch the last couple years of PM... If you can't see it then I don't know what to tell ya.
@@AK-rza Thanks for the concern! Again, those have been asked dozens of times and have been answered throughly dozens of times with attorney in presence. Pace is kind of guy who drops tens of thousands to hire his attorney so we can ask questions, not only that we have access to attorneys who have dealt with dsc. In the investing world risk is inevitable, so kind of odd you think we don’t do our due diligence?
@Alexkasai I assume Pace's protection of himself is fine. I don't think the majority of people doing Sub-to are working through things in a complete fashion. My warning is to the common investor practicing this method without an army of money behind them.
He's no different than Ryan Pineda, Thad, or any other promoter you have seen come and go.
I've left specific criticism of his inaccurate numbers and his spin. He's made false statements about taxes liabilities and rates that are made to try and sway sellers and PUMP up this strategy.
There are certainly benefits to Sub-to. I'm not saying it can't work. I am saying he's over selling it to sell himself and recruit more money.
@ I agree with you, you do good amount of capital if thing gets worse, I personally and I’m sure other investors in the community aren’t that worried bcs the amount of money inside it is in the billions so I’m confident as long as I can make the numbers make sense I can always lend from gators to solve the problems.
You’re 100% right that sub to isn’t something that half ass investor should even be thinking about, it requires good amount of knowledge and experiences to do it right. The hardest part of sub to is doing it right, like you said it’s 100% possible and in my opinion it’s great tool to have under the belt to make me more money.
I however wouldn’t exactly call him a promoter, he does promote his community aggressively bcs whole community benefits from having new members, even if they’re brand new. Of course him too.
By the way, if like how your name is AK too lol
Hope you make shit ton of money ✌️ let’s connect if you want to do some deals with me!
Pace morby is real, hello friends and family please follow this superman. I am who i am because of this PACE, MORBY. thank you.