Subject To Strategy For First Time Home Buyers

Рет қаралды 106,030

Күн бұрын

In today's video we are going to show you EXACTLY how to get your first deal as a first time homebuyer. You DON'T want to miss out on this strategy especially if you're a first time home buyer.
Join my mentorship to fast-track your success:
paceapproves.com/subtoyt
Check out this free subto guide:
www.pacejmorby.com/6steps4sub...
Watch my live seller calls: • How To Talk Seller Fin...
Build relationships in our FREE Facebook group:
paceapproves.com/communityyt
Get ACCESS to my community and FREE value here: ✌️ shor.by/pace-youtube ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🔌MORE FREE VALUE 🔌
➡️ Get my $4,000 wholesale contract for $1:
pacejmorby.com/use-my-wholesa...
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
👥 Join our community 👥
paceapproves.com/communityyt
✌️Join my Subto mentorship ✌️
paceapproves.com/subtoyt
🐘 New to Real Estate Investing? Join the FREE Elephant Challenge 🐘
pacejmorby.com/invite
🐊 Become A Gator (Private Money Lender) - Get Started Now 🐊
paceapproves.com/gatortrainingyt
🤝 Partner With Me On My Next Deals! 🤝
subtofund.com/
👇 Get ALL My Contracts 👇
pacespaperwork.com
📘 Read My NEW Book: Wealth Without Cash 📘
Supercharge Your Real Estate Investing with Subject-To, Seller Financing, and other Creative Deals: amzn.to/3EgWUBw
“Contrary to what most people think, getting started in real estate doesn’t require money, and Pace proves it in this amazing book!” - Grant Cardone
🏘️ Join My FREE Multifamily Mastermind w/ guest speaker Veena Jetti 🏘
thevault.mykajabi.com/offers/...
⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️ paceapproves.com/wholesalecon...
📈 Scaling with Virtual Assistance (VA) 📈
startvirtual.com/courses/scal...
♾️ Get Limitless Lead Flow ♾️
www.limitlessleadflow.io/
📚 My MUST Read Books For Success 📚
tinyurl.com/yckufuf8
📸 Get My Gear 📸
My Computer: amzn.to/3I84Pm8
Monitor: amzn.to/3k7nWod
Cameras: amzn.to/3xuk2ZG
Lenses: amzn.to/3k2XSuC
Camera Gear: amzn.to/3k7p9ff
Audio Gear: amzn.to/3XDSOKL
Studio Lighting: amzn.to/3Z2DybB
🎥 Shop My Home Studio 🎥
www.amazon.com/shop/pacemorby
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
✅ BUSINESSES WE PERSONALLY USE! ✅
StartVirtual
Trained VA’s for calling, texting and admin
paceapproves.com/startvirtualyt
StartVirtual Bookkeeping ELIMINATE Bookkeeping HASSLES and 10x your Business
paceapproves.com/bookkeepingyt
Batch Leads
Pull lists, manage lists, skip tracing and text messaging
paceapproves.com/batchleadsyt
Batch Skip Tracing
Experience discounted skip tracing
paceapproves.com/batchskipyt
PropStream
Gain property information, pull lists, marketing and much more
paceapproves.com/propstreamyt
Batch Dialer
Gain unlimited outbound dialing
paceapproves.com/batchdialeryt
Carrot
Investor websites with content packages for SEO
paceapproves.com/carrotyt
FreedomSoft
CRM with websites, automation for follow-up, contract generator and more
paceapproves.com/fsyt
Prime Corporate Services
For all your LLC needs, look no further
paceapproves.com/primeyt
Deal Automator
#1 Real Estate Software on the Planet
paceapproves.com/DAyt
Relay
Online Banking The Keeps Your Business on the Money
paceapproves.com/relayyt
MyInvestorloan
Making the mortgage process fast and simple
paceapproves.com/lenderyt
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🔌 PLUG IN & SUBSCRIBE 🔌
✌️ Follow Me On Instagram: / pacemorby
✌️ Follow Me On TikTok: / pacemorby
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️
🚧🚧🚧 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: 280

@philipadcock3508 Жыл бұрын

This sums up the hours of podcasts I’ve watched about this. Enough said here

@TessaLamping Жыл бұрын

Wow. My mind is blown. Since i found ur videos a couple days ago, i cant get enough. Really wish i found out about this a month ago before purchasing my first home. Still going through the paperwork to close. Seems like theyre never happy with the documents and always have something more they want us to send. Im only doing sub2 from now on!! Thanks Pace!!!

@carlinervin3947 2 жыл бұрын

I had no ideal Pace that you make understanding Sub To so easy to understand. Thank you!

@carlarodriguez5707 Жыл бұрын

thank you for sharing the knowledge sir!

@ThatMichaelTGuy 2 жыл бұрын

Bringing it (as usual :) and right on time. Thanks Pace!

@PaceMorby 2 жыл бұрын

Thanks brotha!

@2kreative1 9 ай бұрын

You are absolutely AWESOME!! Thanks for everything you do. Frfr. I wish I had known about you before I lost my home.

@emmabenitez3333 2 жыл бұрын

Thank you so much. Excellent information!!!

@Itsarielg 2 жыл бұрын

This is awesome !! I was looking for the answer for long time. Thank you pace ✌🏾

@PaceMorby 2 жыл бұрын

Hey Ariel! You're welcome. Happy to help.

@vanessapettigrew3416 2 жыл бұрын

Thanks for the amazing content, Pace! This is exactly what I've been looking for! 😍

@PaceMorby 2 жыл бұрын

Vanessa. Awesome! Glad you're gaining value out of this.

@TamaraC840 2 жыл бұрын

Pace! You did it again friend in my head. This video came at such a perfect time. As always thank you🙏🏿🙏🏿🙏🏿

@PaceMorby 2 жыл бұрын

Tamara. You're so welcome!

@gabreanderson 11 ай бұрын

I swear Pace is sent from above or literally drunk, LOL! The amount of value that you give for free, helping others is amazing!! Other so-called GURUS should feel ashamed of themselves for charging 10's of thousands of dollars for this info.....They don't understand that the biggest benefit of what you do is the "community" that you've built and the loyal students you have. I can't wait to become a Subto member. Thank you, Pace.

@PaceMorby 4 ай бұрын

There are people that hate me believe it or not.

@failforwardfast8609 11 күн бұрын

@@PaceMorby I support you pace thank you sir. I will join your FB group.

@g.auguste7859 Жыл бұрын

I love what your doing on this platform educating us. Thank you for sharing.

@PaceMorby Жыл бұрын

Thanks for appreciating the free value I share.

@CashMoneybusiness11295 2 жыл бұрын

I read all of this information on all of this subject through the library, and reliable book vendors online. I thank you Mr. Pace Morby I exercise to these videos.

@PaceMorby 2 жыл бұрын

Hey Chief! Amazing. You're welcome and I'm glad you're learning more about it.

@marcusgraham7046 2 жыл бұрын

Thank you for the invaluable information!

@scottdavidsonrealtyteam4120 Жыл бұрын

Brand new today to the page. I wanted to give a sincere Thank you for putting valuable and transparent content out there. No ask on my part-just want give gratitude.

@PaceMorby Жыл бұрын

Welcome to my channel and so happy to have you here, Scott! I appreciate your comment.

@coalcreeker583 2 жыл бұрын

Same here. I found Pace because I’m wanting to buy a home sub-to this spring or summer. Then got interested in wholesale and possible fix and flips. (A friend wants me to buy her home in the mountains. It needs a full gut job but it’s surrounded by million $ homes) Thanks Pace, for the boat loads of info you share.

@PaceMorby 2 жыл бұрын

Hey man! That's awesome. You're welcome!

@rafaelpena1279 Жыл бұрын

Pace, creating financing its so powerful that I’m talking to one of your team and he was about to accept the creative financing that I created to become a sub2 student, in the end of the conversation he said, are you trying to create financing on the membership? Dude you can’t do that.. it was good terms that I Offered him. I enjoyed the momentum…😆😆😆

@ajrose1245 2 жыл бұрын

This is exactly my plan to get my first home!

@PaceMorby 2 жыл бұрын

AJ. That's awesome!

@KevinBoyd1984 2 жыл бұрын

I wasn't thinking of using sub to to buy a personal home but thanks for the idea. I definitely will use to buy my next house

@PaceMorby 2 жыл бұрын

Kevin. That's awesome! Glad you gained value in this video.

@dustinsteim5612 10 ай бұрын

This video is Amaaaaazing ✌️

@yelipopoca6271 10 ай бұрын

Great information love your content

@jakerich6531 Жыл бұрын

Thanks for plugging 🔌 the playlist ▶️, helped a ton my brotha!

@PaceMorby Жыл бұрын

Glad I could help!

@evaang3616 2 жыл бұрын

Pace I appreciate all that you give to us. Value and experience, sometimes I think you’re kidding but then I see your students. This is the real deal. Do u think you can share more of your student’s case studies and walk us thru it, how they did the whole thing? Much ❤️ love

@PaceMorby 2 жыл бұрын

Eva. Here's 11 of them. Check it out! kzfaq.info/sun/PL2Y6uEs9DYr0ygzk-ApTeg67SUdOz8yVK

@jugginsteez2445 2 жыл бұрын

He wants you to just go after it not show more evidence do some research put it in action and you’ll have results

@SellingWithoutScripts Жыл бұрын

awesome content Pace thanks brother!!

@PaceMorby Жыл бұрын

Bill. Thanks brotha!!

@christianlinero7350 2 жыл бұрын

I love this, I plan on getting my first home this way. Much love Pace!! Shout out from Miami Subto!!

@PaceMorby 2 жыл бұрын

Christian. Amazing! I love Miami man.

@brandonallen9853 Жыл бұрын

Thank you for the information.

@johnatangarcia4043 Жыл бұрын

So excited to become your subto member

@JasonCWaite 2 жыл бұрын

Love it Pace.

@chefwltr 2 жыл бұрын

🔥🔥🔥🐐 Thank you, as always!

@PaceMorby 2 жыл бұрын

You're welcome brotha!

@cherrylynn7173 9 ай бұрын

Love your OutKast painting and this is a great video

@jennifera7773 2 жыл бұрын

Great video! I'm trying the 7 day trial. However, most of the pre-foreclosure results say SOLD.

@prospero128 Жыл бұрын

Thank you .. helpful info

@alexandervalladares2501 2 жыл бұрын

Pace AMAZING content … Thank you

@PaceMorby 2 жыл бұрын

Alexander. Thanks man! And thank you for being a subscriber.

@Windpower187 Жыл бұрын

Thanks for the info man ❤ I’m working I get some money

@failforwardfast8609 11 күн бұрын

Great job here Pace.thank you

@PaceMorby 9 күн бұрын

Happy you got some value from it

@carmenlohncota9527 2 жыл бұрын

Really good information! Just joined your FB page! Thank you 🙏

@PaceMorby 2 жыл бұрын

Awesome! Thank you Carmen!

@davidleigh789 2 жыл бұрын

Im in need of a home, crappy credit, this will have to be the way for me to get a home

@zacharyamoskowitz8074 10 ай бұрын

Thank you!!!

@raheemtheinvestor 2 жыл бұрын

Cant wait to meet you one day. Bless the new family. Humanitarian award🥇 🥶

@PaceMorby 2 жыл бұрын

Raheem. Likewise brotha! Thank you.

@charlesharsha4568 2 жыл бұрын

Having him explain it to a third person and me as the audience watching helps me understand so much more

@PaceMorby 2 жыл бұрын

Glad this was helpful bro!

@charlesharsha4568 2 жыл бұрын

@@PaceMorbydefinitely. Plenty of questions coming your way soon

@shaynejohnson1895 2 жыл бұрын

Best Group on Facebook!!!

@PaceMorby 2 жыл бұрын

Hell yea!!! 🙌

@herculesotieno4942 2 жыл бұрын

Good job keep the work

@jamesfrazier4650 2 жыл бұрын

I think it's so cool that Pace still replies to our comments personally ! That says a lot to me !

@PaceMorby 2 жыл бұрын

Because I value all of you. I get up early and usually start my day reading all your comments.

@jamesfrazier4650 2 жыл бұрын

@@PaceMorby Good morning and thanks for your reply! I definitely want to collaborate and learn from you!I have a challenging property in Missouri that I would like to talk to you about offline. Would that be possible?

@cameronlucas5679 Жыл бұрын

Subbed awesome vid

@RagnarLothbrok2222 2 жыл бұрын

Pace is a wealth of information.

@PaceMorby 2 жыл бұрын

Hey K! Glad you're getting value out of this bro. Thanks for being a subscriber!

@1tsTheKing 2 жыл бұрын

I been binging on pace morby lately. I am very interested in acquiring my first home via subto but I don't even know where to start...

@melvinafaulkner3664 2 жыл бұрын

Newbie! You’re awesome

@LeFemininDivin Жыл бұрын

Love your content. Would love a one on one.

@bobbyflores220 2 жыл бұрын

Dam...Pace is straight Gangsta, his game is fire!

@PaceMorby 2 жыл бұрын

Dude thank you!!

@YSaenz Жыл бұрын

Hello Pace! Thank you for sharing. I am on a hunt for my own home. What information do I enter in Batch leads to search for foreclosures in batch leads? I am only seeing sold home. Thank you in advance!

@gabrielleambeau6644 2 жыл бұрын

I’ve been searching so hard I’ve been trying to find them in public records looking up notice of default etc but they make some “public” records hard to find thank you!

@PaceMorby 2 жыл бұрын

You're welcome!

@okeduok Жыл бұрын

Wow. You are giving gold nuggets for free man!

@aylon23 2 жыл бұрын

Hey Pace! Thanks for the great content. So we can still cold call these houses that’s in foreclosure already? What about if it’s in auction already? Thanks

@PaceMorby 2 жыл бұрын

Hey Arlon! Yes, you can. Use this free script when you call foreclosures: www.pacejmorby.com/foreclosure

@suzannecoleman5888 2 жыл бұрын

Thank you

@PaceMorby 2 жыл бұрын

You're welcome!

@eatchas Жыл бұрын

How do you get your property furnished? For air bnb? Do many property managers offer furnishing homes or apartment units?

@taylorsavage877 2 жыл бұрын

Hey guys, where are we getting contracts and paperwork from to make sure everything is set up properly for legal purposes?

@maksimslife4872 Жыл бұрын

Awesome video. Quick question is there (seller) credit on the line when you make payments? Or is the loan transfered to your name?

@sonnytimpkins9699 Жыл бұрын

yes there credit is in your hands

@kymieBFF Жыл бұрын

Woah! Thanks for all the gems you drop. Question: Do they have to be a first time home-buyer?

@TGriffiths86 Жыл бұрын

@Pace Morby, im trying to do my own due diligence to find the answer to my question, but arent those mortgages "due on sale/transfer"??? How are you keeping the mortgage in seller's name without their note being called immediately?

@jackedupknee Жыл бұрын

Hey Pace great content as always. I just have a question. I live in Oregon and do loan signings and I notice a lot of the loans are no assumable unless they are a VA loan. So I was just wondering how are you legally able to take over this loan? Do you have to find states where loans are assumable?

@joshuaesparza1794 Жыл бұрын

You don’t “assume” the loan. Assuming the loan you would have to get the loan transferred to your name. In Subject to the loan stays in the sellers name. Sounds very similar as the existing debt on the property remains the same but the big difference in loan assumption you will have to go to the lender and essentially “qualify” like you would any other loan

@RobertHasty Жыл бұрын

@@joshuaesparza1794 I get that but have a question. If you subto the deed goes into your name. Now the sellers loan is then paid by you. How do you get that loan information and what does the bank think when all of a sudden someone completely different is sending in payments?

@hodge6271 Жыл бұрын

@@RobertHasty what you’re doing is you pay the seller and the seller still pays their mortgage. In some cases, the lender will find out that the deed changed and called in the note or loan completely due. In this case to solve this, you can give the title back to the seller after signing a lease option. Which means the seller technically leases the property to you but allows you to do whatever you want and eventually purchase the property from them or you become the wholesaler and take any extra equity. The property has accrued since signing the lease agreement.

@scottharrison7207 Жыл бұрын

Exciting information as a new investor! No mention of Due on Sale Clause as it pertains to sub to though?

@Zysmommy Жыл бұрын

I watched a different video where they discuss that. They say that it rarely happens but tell you what to do if it happens

@freespirit2520 2 ай бұрын

Thanks for the dope vid/content. However one serious question.... how do you get your name on the deed? go through title? In az title insurances dont work on these or the fha ones at least ive heard. I still have it under contract but its taking me forever to close since they dont insure this type of financing. Help!!

@TheRealKNTX Жыл бұрын

Are you adding your name to their existing hazard insurance policy that is escrowed into the subto mortgage?

@EayshaScaife Жыл бұрын

I love this content. I have so many questions😭

@PaceMorby Жыл бұрын

Hey Yahya! What questions do you have?

@LeFemininDivin Жыл бұрын

I'd love a one on one.

@justricca2028 Жыл бұрын

Could you please answer my question, Pace. Are their nay financial requirements?? Do I need a license to start doing this?

@kendrickbey2845 Жыл бұрын

I want to do this I have 150$ to my name and dnt no anything about this but I think this is dope plus I’m homeless 34 years old Columbia sc 😢man I wish I knew this in high school 👍🏿that’s cool man

@Mmvexxx 2 жыл бұрын

How do you structure these type of deals on paper? Do you agree on terms with a homeowner and then take it to an attorney?

@youtubeshadowbansme494 9 ай бұрын

He just explained it at 9:46

@Luisv0103 3 ай бұрын

No he didn’t explain it

@relaxingmeditation8740 25 күн бұрын

Pace, do we have to come up with the mortgage balance owe?

@harini7271 Жыл бұрын

how do we know the condition of house we want to sub 2? do we do inspection?

@denajahthomas7407 2 жыл бұрын

can I get a house subto if it has been on the MLS for a long time and has a mortgage on it?

@chrisveazey6996 Жыл бұрын

Does it need to be a pre for closure in order to be a sub 2 deal?

@moneybags6840 2 жыл бұрын

Can you do SubTo deals through a business or LLC?

@stephanieabilez9415 Жыл бұрын

So the title company can just transfer the deed into your name ? And you continue making the payment under sellers name ? Is that correct?

@joysexton7563 Жыл бұрын

Peace, do you prefer Batch Leads over PropStream?

@PoorManTX Жыл бұрын

Im interested in how you or others work around the "Due-on-sale clause" on most mortgage contracts when using "subject to"?

@PaceMorby Жыл бұрын

I cover this on the youtube channel A LOT

@calebhicks4712 Жыл бұрын

@@PaceMorby what video

@myt1soo320 Жыл бұрын

You can also use pace’s company to get insurance for the “due on sale”

@DevBObs Жыл бұрын

Ufff you have to educate yourself about sub2 deals.

@wbltrack07 Жыл бұрын

what I don't understand is that isn't most people in foreclosure behind quite a bit? For example, if the total owed is $100k, doesnt that mean you need to also payoff how far they are behind if you take on their payments?

@videoservicesja Жыл бұрын

Pace, Is this for an assignment strategy or for someone who has the cash themselves like you bro?

@itsreallyalvarez 2 жыл бұрын

Yessss sir.

@PaceMorby 2 жыл бұрын

🙌

@stephenivy9268 Жыл бұрын

How long on a subject to deal cam I transfer the mortgage into my name and get out of the sellers name without using my credentials and without the mortgage company try to accelerate the loan

@RIDEreviewRELOAD Жыл бұрын

I’m very interested in buying a home sub to. Currently renting and looking into this . Bad credit situation

@VeronicaGrimes_tc 10 ай бұрын

Hey @classAmoto How areyou? Are you buying substo deals? ?I am a tc, let me know how can I apply.

@jessicabrotherton2119 2 жыл бұрын

Have you ever had the mortgage company of a Sub-To deal request full amount due on sale? I love sub-to but nervous in the event the deed transfer would trigger the note due in full.

@treasuretakara6072 Жыл бұрын

Hey he just recently did a video on this check it out I heard there’s even insurance for this to

@jessicabrotherton3947 Жыл бұрын

@@treasuretakara6072 appreciate your response! I’ll look into that.

@DawnPorter51369 Жыл бұрын

So say they are behind $15k I have to pay that and then keep current on the mortgage? Do I have to give the seller any cash to get out??

@fromragstorags 11 ай бұрын

Is the deed transferered through a Quitclaim Deed or is it theough an Escrow Service Company?

@mariothemechanic 2 жыл бұрын

Can you do this is Maryland???

@petsloveonly Жыл бұрын

Can a UK person do this ..take on payments to a property in the US ?

@TBJerry 6 ай бұрын

crazy how yt is playing his own ad on his own video

@thethinkstudio1200 Жыл бұрын

That link for bath leads isn’t working?

@jamenarmendariz1234 Жыл бұрын

Also, what do you tell the seller if they ask well what happens if you don't make those mortgage payments on my behalf like you agreed to? The deed is now in your name so i don't even have claim to the property...

@Janikatherealtor Жыл бұрын

How do you get access to the sellers mortgage account to actually make the payment monthly?

@GroguDad Жыл бұрын

What's the process like selling a subto

@joelzamoraruizrealestateag9929 Жыл бұрын

I want the coupon to use batchleads. Thank you

@javiersalazar9779 Жыл бұрын

I am actually in this situation. I can afford the payments but can't get funded.

@codifletcherrealtor6126 Жыл бұрын

How do you handle a subto with a payment that leaves no room for rental income?

@iankingston196 Жыл бұрын

I get list from wholeaaler but I have to pay wholesaler minimum 5k right?

@albertbtg 2 жыл бұрын

Since they are behind in payments, would i need to catch up on the payments? Say the monthly payments are $2500 and the homeowner is 4 months behind. would i have to pay $10,000 before the house is “mine?”

@Zysmommy Жыл бұрын

I believe so.

@rae08 2 жыл бұрын

Can you do a subject 2 on an duplex or fourplex? Or is it only single family homes?

@PaceMorby 2 жыл бұрын

Hey Rachael! Of course, you can subto anything. I recently acquired a 43-unit multi-family using subject to! Check out the video. kzfaq.info/get/bejne/grKhnNN7vqjSqmw.html

@rae08 2 жыл бұрын

@@PaceMorby Thank you!

@carolinamaya1701 Жыл бұрын

What contract do you need for subject to ?

@MistrThomas Жыл бұрын

Do I need an LLC as a first time homebuyer to buy a home SubTo?

@MrSoulfulofmusic 2 жыл бұрын

How would you be able to do renovations if you don’t have equity in the loan if you are the sub to deed owner ?

@PaceMorby 2 жыл бұрын

Hey Ray! Check out my first The Real Deal episode where I lay down renovation plans and how it was financed. kzfaq.info/get/bejne/mdKbopiKs8zOook.html If you have more questions on this topic, post it on the free Facebook group! shor.by/Si74