In this video, Pace Morby reveals how he scored a $3.7M Kalispell, Montana property for just $1! Dive into this subject to/seller finance hybrid deal and discover the secrets behind why you’d buy an expensive property even if you think you can’t afford it.

Pace breaks down how he purchased this luxury home part subject to, part seller finance, and why the seller chose him. He shares the seller's backstory, their pain points, and how he turned their pain into gain. Why would a seller opt for seller finance and not just sell the traditional way? Pace walks us through the seller's mindset and educates the seller on the subject to process, emphasizing the benefits for both parties.

Watch as Pace takes you step-by-step through the negotiation process. From proposing a $0 down payment to settling on $1 DOWN due to the seller’s attorney, he shares every detail. Learn about the terms of the deal, including the down payment, purchase price, interest rate, and duration. This hybrid subject to and seller finance deal is a creative finance masterpiece!

Pace also breaks down the financials: a 4% interest rate and a $17,000 monthly payment. Wondering how he manages such a high payment? He stresses the value of any investment is not the price, but what you can do with the asset instead. For this deal, Pace plans on hosting large-scale events at the property, which will cover the high monthly payments with ease (as the house can sleep at least 20 people).

Don't miss out on this exclusive breakdown of a high-stakes real estate deal. Like, subscribe, and hit the bell to stay updated with more content around this Montana ranch bought with creative finance!

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Chapters:
0:00 - Intro
0:27 - Story of the Seller
2:45 - What is Creative Finance?
4:40 - How Did I Get $1 Down?
5:31 - What Are Terms?
9:48 - How Am I Affording the House?

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⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️

🚧🚧🚧 DISCLAIMER 🚧🚧🚧

Pace is 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 YouTube video for entertainment purposes ONLY.

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