Seller Finance Explained using COOKIES!

Рет қаралды 8,129

6 ай бұрын

In today’s video, Pace Morby explains how seller finance works by buying cookies from a student’s daughter. He walks the daughter through writing a contract and how he would structure this seller finance deal, relating it to how a true real estate seller finance deal would occur. If you prefer topics broken down with simple examples, this video is a must-watch!
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❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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: 21

@RAMON-sz9mi 6 ай бұрын

TEACHING THE KIDS, GOOD ADVICE

@alethiahines4606 6 ай бұрын

I really enjoyed this, made it so simple! Some of us are not smarter than a 5th grader. I would love to do this with my granddaughters too.

@PaceMorby 6 ай бұрын

Yesss

@FernnyYnginfopreneur 4 ай бұрын

This is good!!! Starting them when their young, to gett his concept is awesome. Ty for breaking it down this simple, makes it easier to explain.

@2kreative1 6 ай бұрын

That was a great freakin' analogy!

@PaceMorby 6 ай бұрын

Thank you! Glad you enjoyed

@unclemano Ай бұрын

This the the cutest thing in the history of ever AND it's a brilliant teaching method (for all of us who are new). I highly recommend Pace do this once in awhile -- broker a deal with a parent / kiddo, so we can understand the concepts in the most simple and straightforward way possible. Brilliant. Just brilliant.

@nandingpanelo 6 ай бұрын

Thanks Pace and community I am learning a lot

@PaceMorby 6 ай бұрын

Love this!

@Brandi_FarmerREI 4 ай бұрын

That was Awesome!! Thank you, Pace. One of your students, Teresa Johnson sent me this link. I was trying to explain it to my unicorn agent. I laughed & said WHAT!! Cookies!! haha. It was Awesome. Thank you for sharing. I've forwarded it to a few people too.

@kennethmartin7138 6 ай бұрын

Excellent lesson 👍🏾 💯!!

@PaceMorby 6 ай бұрын

Thank you Kenneth!

@flavio.cancino 5 ай бұрын

Amazing hahah what an easy way to explain it

@PaceMorby 5 ай бұрын

Yessss thank you bro!

@Holli.Michellefx 6 ай бұрын

Can a Subto student please refer me!???

@AGCreativeRealEstate 6 ай бұрын

Umm Pace, isn't this considered a WRAP sir!?😂

@PaceMorby 6 ай бұрын

Its actually NOT a wrap. But I get the joke!!! HAHAHAHA It was a hybrid. Part SubTo Part Seller Finance.

@koddie-jaymespurdy-kaai8927 3 ай бұрын

Why does all your seller financing is 0%. Is that normal? Or is it the Pace Morby way?

@PaceMorby 3 ай бұрын

If I can negotiate it that way, I always go for it

@koddie-jaymespurdy-kaai8927 3 ай бұрын

@@PaceMorby I’m trying to negotiate seller finance. I’m giving them modest down payment with interest only payments. And they’re still telling no. Like you said two sides needs to communicate. Their side ain’t communicating. Move on