529: “Free Real Estate”, Negotiations, & Market Cycles | 'Takeover' Ep w Pace Morby

<p><a href="https://www.biggerpockets.com/blog/creative-financing" rel="noopener noreferrer" target="_blank"><strong>Creative financing</strong></a><strong> solves an important problem</strong> for almost every type of real estate investor. <strong>Don’t have enough cash?</strong> Try creative financing! <a href="https://www.biggerpockets.com/blog/no-credit-bad-credit-fix-finances" rel="noopener noreferrer" target="_blank"><strong>No credit</strong></a><strong>?</strong> Try creative financing! Ran out of conventional loans? You already know what we’re going to say...One of the most knowledgeable real estate investors around, who pretty much reinvented the <a href="https://www.biggerpockets.com/blog/2016-07-03-subject-to-real-estate" rel="noopener noreferrer" target="_blank">subject to deal</a>, is <a href="https://www.pacemorby.com/" rel="noopener noreferrer" target="_blank"><strong>Pace Morby</strong></a>, and he’s here with us today!</p><p>Pace invites four guests onto the show to ask him their most burning questions about<strong> s</strong>ubject to deals, <strong>creative financing, </strong><a href="https://www.biggerpockets.com/blog/pillars-asset-protection-real-estate-investors" rel="noopener noreferrer" target="_blank"><strong>legal protections when investing in real estate</strong></a>, and <strong>how to negotiate with a seller</strong>. Even if you’ve never thought of doing a creative financing structure, Pace may convince you that there’s good reason to be educated on them, as it could help you save thousands in closing costs and allow you to <a href="https://www.biggerpockets.com/blog/scaling-real-estate" rel="noopener noreferrer" target="_blank"><strong>scale your portfolio much quicker</strong>.</a></p><p>In This Episode We Cover:</p><ul><li>What are <strong>novation agreements </strong>and why they may be a great <strong>secret </strong><a href="https://www.biggerpockets.com/blog/10-tips-negotiating-better" rel="noopener noreferrer" target="_blank"><strong>negotiating tactic</strong></a>