Author, investor, community builder and co-host of A&E’s top-performing show, Triple Digit Flip, Pace Morby has acquired over $500M in assets without cash, credit or previous credentials of his own through creative financing and now teaches and inspires entrepreneurs all over the world to make an impact on their lives and the lives of those around them.

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Guest Resources

SubTo – The Creative way To Invest in Real Estate.

Where is Pace – Check out Pace’s website to see tour dates and join live events where Pace will house 100 people in 100 days across 50 states.

Pace Morby LinkedIn – Connect with Pace on LinkedIn.

Pace Morby YouTube – Subscribe to Pace’s channel on YouTube.

3 Value Bombs

1. Surround yourself with people who elevate you, even if it means spending less time with family or friends who hold you back.

2. Creative finance lets you acquire assets without cash, credit, or credentials if you know how to structure the deal.

3. The fastest way to learn is to be in the room (or car) with someone doing the thing you want to master.

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: Creative Finance Mastery: Pace Morby’s Journey, SubTo, and Stories of Life-Changing Deals

[1:44] – Pace shares something he believes about becoming successful that most people disagree with.

To level up, stop spending time with certain friends and even close family.
Being intentional with your circle can 20x your income and impact.

[3:00] – Pace talks about his turning point that launched him into creative finance.

He was a top contractor for major iBuyers but felt stuck trading time for money.
Mentor Bethany showed him he could make more finding deals than swinging a hammer.
First year bird dogging deals made him $700K without license, credit, or cash.

[7:45] – Pace explains what is Creative Finance.

He gives an example of him taking over $350K in payments on a $500K motor coach from a seller in distress.
Works for houses, RV parks, businesses, even machine shops.
Known as “subject to” or “sub 2” which is taking over the seller’s existing financing without bank approval.

[11:27] – A timeout to thank our sponsors!

HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!
Netsuite: Over 43,000 businesses have future-proofed their business with NetSuite, by Oracle – the number one AI cloud E.R.P. Download the CFO’s Guide to AI and Machine Learning today at NetSuite.com/fire!

[14:08] – Pace shares how he build the Sub 2 empire from idea.

Started with local ride-alongs, not online courses and the success rate jumped from 0.01% to near 100%.
Traveled city to city, meeting members, doing deals in person.
Built a 31,000-member paid community before “community” became a buzzword.

[17:30] – Pace talks about mindset & overcoming challenges.

Grew up 1 of 12 kids and learned not to be coddled.
Lost $1.2M when a client filed bankruptcy and on the same day his first daughter was born.
Reframed disaster: committed to becoming the guy who rebuilt using only creative finance.

[21:22] – Pace gives a preview of his book Homeless to homeowner.

It’s a story about Maddie, a 59 years old who was homeless for 4 years and learned creative finance from Pace.
She closed her first deal in 20 days; buying a $500K home with no money down at 4% interest.
She renting out rooms to cover her payment. Her story is a part of Pace’s December book alongside other transformation stories.

[27:54] – Call to action.

SubTo – The Creative way To Invest in Real Estate.
Where is Pace – Check out Pace’s website to see tour dates and join live events where Pace will house 100 people in 100 days across 50 states.
Pace Morby LinkedIn – Connect with Pace on LinkedIn.
Pace Morby YouTube – Subscribe to Pace’s channel on YouTube.

[29:25] – Thank you to our Sponsors!

HighLevel: The ultimate all-in-one platform for entrepreneurs, marketers, coaches, and agencies! Learn more at HighLevelFire.com!
Netsuite: Over 43,000 businesses have future-proofed their business with NetSuite, by Oracle – the number one AI cloud E.R.P. Download the CFO’s Guide to AI and Machine Learning today at NetSuite.com/fire!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!