Know THIS Before Selling on Seller Finance!

Рет қаралды 12,974

Күн бұрын

In today’s video, Pace Morby dives into the benefits of selling property on seller finance. He answers questions such as; “Why would a seller agree to sell on seller finance?” “What does each party in the transaction get in return?” and more. He highlights creative finance deals like this can be a win for the seller, buyer, and agent (if they’re involved). Pace also shares an anecdote about a seller who seller financed a duplex to him, saving her from losing money on the property.
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Chapters:
0:00 - Intro
1:27 - Benefits of selling on subto/seller finance
2:25 - Terms from a seller
3:53 - Why would a seller sell 0% seller finance?
6:17 - Why the seller is selling this way
7:56 - Why would the seller not turn house into a rental themselves?
10:23 - SquadUp Summit 2024
13:11 - Why the seller had to sell on seller finance
21:14 - Outro
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 KZfaq video for entertainment purposes ONLY ❎

Пікірлер: 105

@ryf.999 6 ай бұрын

"Bake their cake, and eat it too." Oh my gosh. That phrase finally makes sense lol

@PaceMorby 6 ай бұрын

😂🤝🏽

@jordan9752 6 ай бұрын

It’s have your cake and eat it to too😂 it is in reference to something you want to keep but also want to use. If you have a beautiful cake and you want to keep it then you can’t eat the cake because if you eat it then it’s gone. so you can’t have your cake and eat it too you can either have it OR eat it not both (yes I’m aware you could just eat a portion keep a portion but I didn’t come up with it 😂)

@paparuda1968 6 ай бұрын

Sweet! Thank you Pace,and the Team!

@reinvestor7485 6 ай бұрын

Very illustrative, concise and straight to the point video.. thank you for these gifts.

@PaceMorby 6 ай бұрын

Glad you enjoyed!

@toddarcher1493 6 ай бұрын

Great video… !!!

@PaceMorby 6 ай бұрын

Thank you bro🙌🏽

@RJ4Loans 6 ай бұрын

Love it Pace. Great video. Thanks for all that you do.

@PaceMorby 6 ай бұрын

Thank you bro! Glad you enjoyed🙌🏽

@raceking287 6 ай бұрын

Keep the white board for more information about deals and gives excellent teaching points for us to learn. Thanks again Tony

@JerryWalkerIII-ik5wu 6 ай бұрын

So informative Pace. I like the instruction content.

@PaceMorby 6 ай бұрын

Glad you enjoyed the video!

@kennethmartin7138 6 ай бұрын

Great video! Thanks for explaining in detail. I appreciate the knowledge that u give . 💯

@PaceMorby 6 ай бұрын

Glad you enjoyed. Thank you for being here bro

@scottfrazier-buildingonpurpose Ай бұрын

Good stuff!

@aniascantu8793 6 ай бұрын

LOVE THIS!!

@PaceMorby 6 ай бұрын

Yess. Glad you enjoyed bro!

@patguillory8102 6 ай бұрын

Great video thank you!

@PaceMorby 6 ай бұрын

Glad you enjoyed bro!

@rcollazo68 6 ай бұрын

Love the whiteboard videos, keep me up to date and refreshing our knowledge…..thanks Pace…..👏👏👏

@PaceMorby 6 ай бұрын

Glad you enjoyed! ✌🏽

@jennifersoto-burrell858 6 ай бұрын

Brief yet thorough ❤

@PaceMorby 6 ай бұрын

Glad you enjoyed🙏🏽

@juliocorona3868 6 ай бұрын

Yes absolutely learning something every time

@PaceMorby 6 ай бұрын

Thank you bro!

@juliocorona3868 6 ай бұрын

@@PaceMorby thankyou, I'm in socal I know you said this is not a good place for what you are doing but I do want to learn and succeed in what you do.

@lennyzambrano7362 6 ай бұрын

I wanna say Great Job Guys Pace and team. For putting together great value information of Creative finance....

@PaceMorby 6 ай бұрын

Glad you enjoyed Lenny

@chainsawerekson2972 6 ай бұрын

Excellent Jedi! Always well done. Thanks for the upgrades. You're a class act with heart and style. You bring beauty and opportunity everywhere you go. You're one of a kind bro, it's how you make the world spectacular. You do it every day. Thanks again and for everything I'm learning.

@PaceMorby 6 ай бұрын

Wow, thank you!

@chris23805 6 ай бұрын

Perfect video pace

@PaceMorby 6 ай бұрын

Thank you bro🙏🏽

@ArokNews 5 ай бұрын

Keep the knowledge coming, thanks

@PaceMorby 5 ай бұрын

Thank you bro!

@thejohnnaccarato 5 ай бұрын

Great video Pace!

@PaceMorby 4 ай бұрын

THANK YOU

@LauraAM1010 6 ай бұрын

This was excellent info. Tysm. ❤

@PaceMorby 6 ай бұрын

Thank you for being here Laura✌🏽

@pberggre 2 ай бұрын

So good thank you Pace. I’m going to be a millionaire thanks to God and you!

@frankyyvaldez 4 ай бұрын

This was extremely helpful for a lead I have right now.

@AlyiaLebrie 6 ай бұрын

Such a great video! Good information!

@PaceMorby 6 ай бұрын

Thank you! Glad you enjoyed the video

@marckuhnmak 6 ай бұрын

Great info here!

@PaceMorby 6 ай бұрын

Marc! Thank you brother

@user-vh1le1ms7r 6 ай бұрын

Very good info thanks

@PaceMorby 6 ай бұрын

Glad you enjoyed!

@DesirableLibra777 2 ай бұрын

Thank you for the breakdown. Found this after obtaining these bullet points watching videos from a year ago 🙌🏾

@PaceMorby 2 ай бұрын

Glad it was helpful

@AD-eb7ft 6 ай бұрын

Pace and team - awesome!

@PaceMorby 6 ай бұрын

Thank you! Will let my team know🙌🏽

@kgannonhorses 2 ай бұрын

thank you for your videos and for building a community that is impacting thousands :)

@PaceMorby 2 ай бұрын

Absolutely!

@BrandonDukesWealth 6 ай бұрын

Awesome video

@PaceMorby 6 ай бұрын

Thank you brother. Glad you enjoyed!

@lupitaguarista6033 6 ай бұрын

Eye opening! whiteboard video ❤

@PaceMorby 6 ай бұрын

Glad you enjoyed the video🙏🏽

@JorgeMartinez-jt9xx 6 ай бұрын

Love the white board teaching Pace. Keep it going.

@PaceMorby 6 ай бұрын

Thank you Jorge! Glad you enjoyed the video💪🏽

@justinkendrick6779 6 ай бұрын

Love the whiteboard!

@PaceMorby 6 ай бұрын

Thank you bro✌🏽

@RickyHines205subto 6 ай бұрын

Thank you Pace for showing up and proving people a lie. I like all of your videos FAM ✌🏾

@franklinokeke7848 13 күн бұрын

Great video! The white board is something for me 😊

@PaceMorby 12 күн бұрын

Glad you found it valuable

@pattygremm4393 6 ай бұрын

Shout out to Dave Uyan! One of your students I met yesterday in Vegas.

@davidarredondo8037 6 ай бұрын

😂😂 dude you're a comical genius 5:19 great information

@Savingusnow 6 ай бұрын

I like the white board format. I like the hard truths.

@PaceMorby 6 ай бұрын

Thank you! Glad you enjoyed

@Michael_Snoderly365 6 ай бұрын

White board. I am greatful! Thankyou.

@PaceMorby 6 ай бұрын

Thank you bro!

@wildedgehosting 5 ай бұрын

Love the whiteboard (visual)

@PaceMorby 5 ай бұрын

Thank you! Glad you enjoyed

@JordanVanDelinder 6 ай бұрын

Whiteboard work is great ❤

@PaceMorby 6 ай бұрын

Thank you bro🙌🏽

@Mrfletcher490 6 ай бұрын

Love the white board videos!

@PaceMorby 6 ай бұрын

More to come!

@neckhammockothermusthaves7476 3 ай бұрын

Mind is blown!!! Extremely helpful and clear!! Thank you so much! I am curious... that 50% rate of selling in 1 year-- was it always like that? I mean, our society was once, pretty decent. :) I'd be interested to see when that rate went to half, you know? :) I knew one guy who'd been a landlord for over 40 years through several properties, only getting out of it in 2020. :)

@bobhopkins433 6 ай бұрын

Yes, white board

@stevenfouts9150 6 ай бұрын

The white boards are great!!

@PaceMorby 6 ай бұрын

Glad you enjoyed bro!

@cryptodwayne5174 6 ай бұрын

Can you do a Video, Or briefly go over the new law concerning. Privately held Corporations, And how you're going to handle it.

@levigonzales866 6 ай бұрын

Question- Whats a good length of time for the deal with the seller?

@terrelldeppe8468 6 ай бұрын

Awesome! Your best video yet. BUT how do you get away with 0% interest? Doesn’t the government set minimum’s for interest on loans? Why doesn’t the AFR apply?

@PaceMorby 6 ай бұрын

Ask that question to a muslim who are not allowed to pay interest. How do they buy and sell things in america?

@dchall8 6 ай бұрын

Since 1538, according to Wikipedia, An early recording of the phrase is in a letter on 14 March 1538 from Thomas, Duke of Norfolk, to Thomas Cromwell, as "a man can not have his cake and eat his cake". Maybe you have an earlier reference about baking cakes and eating them.

@mitchelllott 8 күн бұрын

💯💯

@user-ew2nq6tn5s 6 ай бұрын

❤

@TheHarveyTruth 3 күн бұрын

Pace, how long should you be in your property before you do Seller Finance?

@celiacrevelation2875 6 ай бұрын

What are the best RE investments if you don't have years to live and want to leave your family semi passive income?

@toddjorgensen729 6 ай бұрын

Pace.....bring on more whiteboard vids and haters

@matthewmitchell60 12 күн бұрын

When the property needs rehab & repairs $55k do i take out a separate private funding to cover the cost if i keep it.? If i wholesale it the cost is passed on to end buyer as part of entry fee? Sell price $235k rehab $55k down payment $10k interest rate 5% 30 year amortization 10 year balloon thank you

@antoniostephano 6 ай бұрын

Lived the Loved the video but would alao lovetje source dor thw Love the video but would alao love the source of authority for the syatement rhat the proverb is you cant "bake" your cake rather than you cant "eat your cake.😅

@joeschmoproductions1428 5 ай бұрын

I question the seller giving you loan rates below the AFR (Applicable Federal Rate), which comes into play for private loans. If you are getting a 0% rate on a loan, the IRS may subject the seller to imputed interest to cover the spread between the AFR and what they gave you for a rate. The seller would then be taxed on the imputed amount, not what they actually received as income. Why would the seller be ok with taking on this tax burden on your behalf?

@joedoceihill3639 6 ай бұрын

More whiteboard

@PaceMorby 6 ай бұрын

Noted.

@krispassmore 6 ай бұрын

More long form white board videos!!! 🔥🔥

@PaceMorby 6 ай бұрын

Noted bro. Thank you!

@MgtowRubicon 6 ай бұрын

Realtors are marketers, not deal makers.

@TheSelgomez12 6 ай бұрын

Depends on your realtor. If the realtor is a deal maker they get clients thru referrals and marketing isn’t necessary. Help people make money and you will have plenty of clients.

@1bobharvey 5 күн бұрын

True for most, but a few are very good with creative finance and make deals no one else would put together. Which helps all parties involved.