REI188: Wealth Without Cash w/ Pace Morby

<p>Patrick Donley chats with Pace Morby to discuss his new book, "Wealth Without Cash". You’ll learn how to build a portfolio of off-market deals without using your own cash, what the difference is between subject-to and seller financing, how to find motivated sellers, how to overcome common seller objections and create win-win scenarios, and much more.</p><p><br></p><p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><p>00:00 - Intro</p><p>02:40 - What Pace learned from his father about real estate.</p><p>02:40 - How the story of an F-150 helps sellers understand terms and becoming the bank.</p><p>06:06 - What he learned from his first mentor.</p><p>06:06 - What the “bunny story” is all about and how solving people’s problems helps everyone.</p><p>06:06 - Why it’s a requirement for success to do things you don’t understand how to do yet.</p><p>06:06 - Why 85% of Pace’s deals are structured using creative financing.</p><p>06:06 - Strategies to find motivated sellers.</p><p>46:13 - What the process of creating Wealth Without Cash was like along with the video companion guide.</p><p>46:33 - Who the book is designed for.</p><p>50:54 - Understanding the 7 layers of your “why”.</p><p>52:18 - How creative financing provides a wide variety of tools to close deals.</p><p>52:18 - What the difference is between “subject to” and seller financing?</p><p>52:18 - Why his real job is as a storyteller and educator.</p><p>And much, much more!</p><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><strong>&nbsp;</strong></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li><a href="https://www.amazon.com/Everything-Guide-House-Hacking-Step/dp/1507217196?crid=19ZCE1CW8SRIM&amp;keywords=house+hacking&amp;qid=1686258993&amp;sprefix=house+hacking%2Caps%2C100&amp;sr=8-4&amp;linkCode=ll1&amp;tag=tipnetwork-20&amp;linkId=7d9d20f84dc6d9412bff806af9c753c2&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Everything G