Watch the latest video with jerry and pace here - kzfaq.info/get/bejne/iL6dZLyUuti4Y5c.html

I just got my first subject to property. The owners were divorcing and the man was left to pay the bills. He moved out of state and was in a preforclosure era. He contacted me for assistance, met up and talked for about 2 hours. We came to an agreement where he was free from foreclosure. I now have a tenant living there on a 6 month lease all while I am doing cosmetic fixes. The Value is 190k and there is 71k in equity. I have a cash flow of $450 every month the property.

The free audio is 100% the greatest value of this video, which most people must be missing based on the number of comments about the structure of the deal. All the creative financing knowledge in the world doesn’t mean a thing if you don’t know how to have this conversation with a seller. Having Pace & Jerry explain & rephrase the deal multiple times to the seller, is absolute GOLD!

I've bought a lot of Sub-to's they get expensive but definitely a way to acquire property. Built my Net worth to over a Million $ using this method

1 was able to scale from 0 to 90 units and creative financing was a big way to scale fast. With it becoming a buyers market and people still wanting seller market home prices, creative financing is the win-win situation. Your price, but my terms. If you can master off market lead generation and creative financing, you can scale big in 2023. I still work a W2 as I stabilize my 90 unit portfolio

Yes please! Make this a series!! Confession: not even done watching but know already this is epic!!

Jerry and Pace you guys are flipping genius. This was such a great deal that Jerry couldn't stop smiling lol.

Jerry I literally just had people tell me "you know that takes alot of work" and " you don't know thats actually going to work" I can't wait to get my first deal and show everyone I can do what I put my mind to. Just bought flipster to help Kickstart it.

I just wanna thank you I listened to the recording and I don’t know how you guys keep your composure when someone is questioning every thing you say, but you’re trying to save his ass. The guy is an ingrate. I hope the deal works out, but I think this guy is going to somehow break the lease and you’re going to have to own that house. Good luck guys.

Jerry, you're a TEACHING genius!

Maybe I missed it, two questions.. 1. How are you paying off the delinquent second? 2. Who is making the payments to the private lender, if used, for the whole year?

Wow 40 mins of free game/knowledge. Thanks Jerry

Jerry, this was one of the best videos I have ever seen on creative financing. I am favoriting it and will watch it over and over in the next few days. I especially loved your best/worst case scenario analysis because I sometimes struggle with the worst case scenarios.

All I can say is, Wow! Wow! Wow! I want one of these deals!! Brilliant, and helping all of the parties involved. I LOVE that!

Awesome work guys!!! Really helpful, useful and practical!!

You two are flipping geniuses!!!!! Part 2 Please!!!

This was incredible! Thank you Bothe Jerry & Pace!

The way that banks will be handling the forbearances is all new territory in this economic climate. It may not work out that the lender will simply put the backpayments at the end of the loan and sellers will simply just start making payments. Lenders may require lendees to qualify for that loan again. I've talked to a few.

Yes!!!! Learning so much needed info right now, about to attempt my first sub to deal and I feel much more confident about the process after watching. I am more hungry than ever, and I am so grateful you guys decided to share your knowledge!

THIS IS POWERFUL and HELPFUL! Love this and you assist folks, a para!👑🔑

Pace & Jerry, you guys are awesome! Thanks for taking the time to break down the ups and downs of this transaction to give the full picture. Great job.

Subto deals are not as easy as they make it look. Many things can go wrong. These guys have teams of professionals working for them.

Jerry....YOUR A FLIPPING GENIUS!!!!!

FANTASTIC! one of the best videos ever. I get it. Thanks for sharing.

Jerry I am now watching this video in 2023 so I missed earlier but wanted to thank you for showing the best and worst outcome. I actually bought my first home as a creative financing deal but also I am from Miami and when individuals there go thru this process and cannot find investors like you , they resort to Chapter 13 and they can hold the sale for a while and then the trustee will structure the payments etc. so they can stay in their home. It’s a unique situation but in the end whatever we can do to help the homeowners

I have a few questions. After you took over the property the $2800 covered the 1st mortgage how much was the payment on the $191,000 that you borrowed and who paid that? And did you put the seller on a lease option for a year or did you just rent it out to him?

Jerry Pace, you guys are awesome

I really appreciate what you said at 36:02 about people always "making the deal work on paper" by cherry picking comps. I've been a residential appraiser for 31 years and have seen cherry picked comps from sellers/buyers/brokers/lenders/next-door-neighbors! Now that I'm into wholesaling it's so frustrating to see inexperienced people think that they can quickly look at a few sold sales and instantly show an accurate ARV. Great video, Jerry and Pace!

Guy is PURE GOLD....Jerry n Pace are Subto Geniuses...I’m in South Florida and if you’re not careful these deals will blow up in your Face BAD!!!!! High Subto can be tricky....GET THE OWNERSHIP FIRST

So much good solid info. Thank you guys for being so giving of your knowledge.

Thanks for the CONTRACTS Jerry! You're amazing!

This is great! I’m currently working on my first Subto deal. Jerry and Pace y’all are Subto Genius! 👏🏽

Love the fact that this was the middle of 2020 and they obviously don't care about masks or social distancing.

Bring on Part 2!! Let's get this series going!!

Moral of the story: Become a go-giver, bring value to others and build a brand in the process. If you market yourself well and what it is you represent, you may get a phone call with this kind of opportunity from someone you’ve made an impact on i.e brought value to. Great video fellas, thank you for all you do in the stratosphere!

it would be nice to add a video showing the back end work, what the Transaction Coordinator has to do how it all gets put together..

You guys are Geniuses. Very smart and WIN WIN for everyone

do another 'watch me' for lease options, land contracts and seller carry! Love you jerry!

I watched pace video on this guy 5 mins before this video.. I was like not the same guy! Awesome video hope you made the money off it 💪🏽

Yes definitely would love to see you guys collaborate more :) Thanks for the great content!

This was awesome! I’ve been reading and thinking about sub-to and lease options lately. Can’t wait for the follow up video! Thanks for all the great educational content you provide!

This content is amazing, information is like cash, you are amazing jerry, please do the series, cant wait for part 2 👍

I'm super excited to hear you guys come out about this, I've been passionate about foreclosure Redemption for a while now and I'm getting ready to put my marketing to work with it. Great way to help people and also be mutually beneficial

Wow! You guys provide SO MUCH value for FREE!

This was awesome, y’all are a FORCE 💪🏻 best of luck with this deal, looking forward to the series!

Just listened to the bonus recording it was totally worth every second. Very intriguing.. informative should've been a movie scene

I endorse anything with Norton in it. Flipping genius

Love you guys. Thank you for the content. Just closed my first SUBTO deal today.

great video! thanks you two for sharing this!

I see a win win for both of you on this deal no matter what, either in a short or long term. 👏🏽👏🏽

Best explanation of a subto I've seen!! Thank you so much! First timer here, charging ahead

Yes I agree Jerry is informative and entertaining

Loved this video! Would live to see a series! Can't wait for video 2!

So you’re transferring the deed and leaving mortgage with fixed interest and balance in place. Thus, deed goes into buyers name and mortgage remains in sellers name. If they don’t feel comfortable tell them you will instead have the deed held within a safety deposit box with recording instructions. Have third party note servicing to collect payments and pay the mortgage monthly. A few days before closing (if seller requests) have them sign a Third-Party Authorization form for their bank so you can call and cancel their insurance. You then want to replace the insurance with a non-owner occupant landlord insurance policy with the existing mortgagee and the seller as a secondary. Have Closing agent execute the contract Transfer deed in your name and collect and pay out anything at closing. The closing agent will then put deed in a deposit box and will only trigger a recording when underlying mortgage is paid in full. Or simply record the deed. If the due on sale, clause is called, simply deed, the property back to the seller and record the transaction at the registry. Simultaneously, the seller will transfer the deed back in your name. The only difference this time is that the deed will not be recorded, and instead held in the safety deposit box.

you guys are flippin genuises! love u guys!

Yes Jerry, you are a flipping genius

Have Pace come back!! Thank you so much for this video!🙏🏼

Please make this a series! This deal is awesome, any way the dice rolls, you guys are into this for 65%, so many ways to win!

yo man. awesome. yes please do more of these including a series on how to wholesale sub to deals, seller finance deals.

keep'n it real- love it - good stuff here -

Legendary! 🙌🏼

Pace is the man. Do the show! Thank you

Jerry, Of course we would like for you and Pace to make a step by step series of this Sub2 Deal.

Really good work guys. I love your content and have started implementing. 2 subto deals so far this year. Excited to grow.

Wow so much incredible information. Now that it's been over a year, what ended up happening in the deal??

Wow!! You guys are the GOAT!

Do you have a video of you handling the contract part of the deal with real-estate agents with no assignment clauses? Like a live video? So I can see that process in real time.

Just got done listening to the recording & OMG u guys had to re-tell the seller what the process was going to be like, like 8 different times.

The "NORBY" Dynamic Duo! Love these guys. Hope to see more of this. #✌🏾 #flipping #genius JERRY JERRY JERRY!

Great video! Love how you help those people giving them different options!!

Yes do the series. I understand subject to a little bit. Yes the numbers make complete sense.

Loved this! Hope to hear back from Pace!

This is good video on foreclosure helping family out stay in there home. Pace and Jerry. Looking to it in future in wholesale need more videos on foreclosure 👍

I listened to Audio. I think the most epic party about it was..... for every dollar that I loan you I make one extra dollar. Somehow that clicked with me a lot better than listening to very complex mechanical details. I think starting off the presentation to the owner this way.... would be the best way to go.... Meaning mentioning this at the start and finish..... Also one thing I didn’t hear is whether or not conversation can be recorded... I did not hear you asking permission of the owner to record conversation. I heard owner object to recording. What is the best way to let the seller know that they are being recorded? Without sounding too offensive? Also if owner objects from being recorded..... would the contract be sufficient to stand out in court of law in case if owner comes back and states that he did not fully understand the process? One more thing.... Owner kept referring to capital lease, I am not familiar with this.... wouldn’t that suffice owner better? Or maybe there is a reason why he couldn’t do capital lease. Also one other thing that struck me and somehow I didn’t think of this yet owner asked.... Why not just pay off both loan entire $650k and sell it for actual market value....? Yes that would be a lot of money, but wouldn’t hard money lender give that money to you at let’s say 12 percent and then you and Pace acquire this deal and it would be done and over with? Sure there would be least profit.... but it didn’t seem owner objected to that.... One more thing... I realize owner also wanted to live for a bit longer than 12 months.... however it sounded like the easiest option of what owner wanted was for you and Pace to just pay entire loan amount for both loans and let him live in your house for 12 months with lease option agreement..... One more thing why didn’t the owner go to get hard money lender to cover the 191k debt? Even if they would pay hard money lender 191k plus 12 percent at least they would be able to offset themselves from looming foreclosure.... Or do you think hard money lender wouldn’t load to the seller entire 191k on a house that has already some equity? I am sorry if I am asking so many questions. It’s just this is the first time I heard live audio conversations with video explanations like this that somehow connect on high level all of the dots.... Note.... if we try to be real.... would the owner have any other option that is more suitable for him? Where not so much profit would be taken out of his equity? We are taking 200k for 200k..... In stock market if I was to buy 200k worth of stocks I can make 10 to 12 percent return... That is 24k in one year..... without doing anything as complex as subject to.... Sure I understand there are risks.... and hence is the reason why such payout is so high.... 200k basically in one year... way better than in stock market.. However how can a regular person with masters degree in mathematics and cyber security engineering background grasp all of these strategies without breaking a bank? What can I do to see the whole peaces of the deal structuring process.... from taking over payments to adding money to escrow to releasing money from escrow, every single mechanical concept? I understand it all briefly... but not quiet sure that I can pull this off.... by my self... It seems very complex lots of moving peaces lots of moving gears.... Highly sophisticated intermingled creative financing with lease options etc etc etc... Way too complex.... also if I was to go out to private lender who would agree to fund this 181k..... ? Also what about if the seller declares bankruptcy right while you are in the contract.... Then turns around and goes after you claiming predatory case? Would the recording be admissible if owner specifically objected to that? Note questions i ask some of them already been answered... However if maybe they can be addressed in other video.... where for example you go over other possible options that are truly best of the best options for the seller.... I don’t know but to me 200k on 200k seems like a lot of money in 1 year period.... I barely make 12 percent in stock market heck in bank I make 1 percent. Anyway overall it would be cool to see other audio recordings with sellers... I want to see what sellers concerns and objections are... this was a great bonus audio. Thank You.

Sweet, much respect for both you guys and most of the Phoenix, AZ collaboration guru dooroos...

This is gold

Pace is Amazing Love This Video

Awesome duo!

Bonkers!! Thank you guys so much!

Don’t do it Jerry! Never trust a guy that buttons his shirt all the way up when he’s not wearing a tie! Lol jk. Love these videos man. Closing on my first fix n flip in a week. Found your channel after I was already under contract and have learned a ton!!! Keep’em coming

The best content as always

GOOOOOLD SEÑOR PACE SEÑOR NORTON

Great Video, I love it, I like to get the big picture, you guys did a great job at it.

Love this video. Please have Pace come back!!

Thanks Tyler .🦎🦎🦎🦎 Pacy and Jerry your abundance is overflowing. I appreciate all you both do. And I will show my appreciation through my implementation and action and most of all Service! And Let me know what’s your calendar is looking like for 2024 , I plan on us having lunch and meeting to grow and serve. 🙏🏾🙏🏾

Have heard a lot of good things about Pace Morby looking forward to part 2

Good info thanks

great video guys!

LETS GOOOOOOOO!!!!!!! Great job Guys

Definitely gonna have to watch this one more than once🤦‍♂️🤦‍♂️💪💪

Unbelieveable! ❤

Y’all better, and I mean BETTER update with how it goes through and if he pays off or not in the end of this deal. Appreciate the gems 💎

Really informative

2 LEGENDS

Yes I would be interested in series videos on subject to.

yes pelase! we love it

Woah the madness of the this video is great , great job this is some problem solving / return in money flipping genius solution 🤑🤓

Yes I'd Benifit from a series

That was very informative

I love real estate investing this was awesome