All Forum Posts by: John D.

Thanks Shiela! This is awesome info. Yes, I am learning that Pace is quite a prominent voice in the sub-to space, but not the creator of that strategy. 

That is also really good insight regarding sub-to not necessarily being completely "no-money down". What I am really looking to do is use sub-to and seller financing to get into properties off market and then bring my own capital to improve the properties and list them for rent and keep them long term. So I am fine with having to put down some capital for bringing payments current, or cleaning it out and repairing/rehabbing. 

I am also interested in having LO as an exit strategy that I can use (although I have no idea how to market a property as a LO to a potential renter/buyer).

What I am really hoping to do over the coming 7-10 days is to gather enough knowledge to be dangerous in terms of understanding creative financing options, and then try to engage the right agent or RE attorney to help me button up any creative contract that I need to write, to make sure I do not make an egregious mistake. 

Thank you so much for your advice! 

 Thanks Wendy I will check it out!

 Thanks Chris. 

Specifically, I am trying to get a handle on the main bases to cover when structuring a seller financing deal, or a sub-to deal. For either contract, am I better off working with an RE attorney to structure my first few contracts? Or possibly an agent? Or are there enough well structured contract templates available online that I can download and use?

@Edward Moore Did you ever find any other good resources for creative financing? I am going through the same proces myself right now and I find that a lot of the podcast and youtube content with Pace tends to be a bit repetitive. Curious if you found any specific podcasts or resources to be the most helpful?

 Thank you Mike! I will check out all of those guys and dive into this forum post. 

Thanks Wendy. What is the book called?

Thank you! This is great. I will pick up a copy of both books. I had heard of Brandon's book but not the one on Private Capital. Thank you!

Hi all,

I am digging into a lot of Pace Morby's content around creative financing and sub-to. However I am curious if anyone has recommendations for other creative finance resources and content besides Pace's? It would be good to get another perspective on this side of RE investing, or at least to hear someone else's take on it. 

Thanks!

Hi all,

I am an investor in the Lehigh Valley area of PA and also upstate NY. I am looking for someone who has experience doing creative finance deals in or near these areas, who would be willing to chat with me about their experiences doing CF deals. 

If anyone is willing to share some knowledge I would truly appreciate it! 

Thanks!

Thank you @Sean Bramble, this is hugely helpful. Very interesting to hear you talk about hotel/motel conversion. I am educating myself right now on the seller/creative financing side of things right now considering where interest rates are going. It feels like the areas that have not yet passed new regulations on STRs will do something soon, so it is hard to know how risky that could be if there is no "grandfather" program that comes along with those regulation changes.