Wealth without Cash: Supercharge Your Real Estate Investing with Subject-to, Seller Financing, and Other Creative Deals

by Pace Morby

Overview

Growing your real estate portfolio doesn’t necessarily require money—and Pace proves it with this amazing book (Grant Cardone, New York Times bestselling author of The 10X Rule). Tap into creative acquisition strategies with this Wall Street Journal bestseller. 

Supercharge your real estate investment portfolio with creative deals, the fast and affordable way to build wealth in any marketplace. Pace Morby—TV host of A&E’s Triple Digit Flip and the king of creative finance—will guide you to success. From seller financing to subject-to deals, Pace will show you the innovative tactics he used to build a portfolio that includes more than 1,000 properties and $150 million in assets—all without using his own cash.

Whether you’re a beginner or have already started your own real estate business, this book will fully prepare you to find off-market leads, uncover sellers’ motivations, negotiate with confidence, close more deals, build a team, and much more. Wealth without Cash has everything you need to become a millionaire investor without risking your own capital.

With this book, you will:

Build a portfolio of off-market deals without using your cash 

Convince any seller to do business with you through proven scripts and win-win solutions to common concerns

Identify your strengths and build a team to support your needs

Shift your mindset to fuel your creative finance journey

Learn how to tackle entity structuring, taxes, paperwork, and legal concerns like the due-on-sale clause

Product Details

ISBN-13:	9781947200890
Publisher:	BiggerPockets
Publication date:	05/02/2023
Sold by:	Barnes & Noble
Format:	eBook
Sales rank:	195,651
File size:	5 MB

About the Author

PACE MORBY is the host of A&E’s TV show Triple Digit Flip and a widely known expert on the sub-to strategy. Pace has used dozens of virtually unknown methods to acquire 1,000 doors nationwide and a portfolio totaling $150 million in assets—including fix-and-flips, new builds, wholesale deals, mobile home parks, and short-term rentals. Each week, he teaches tens of thousands of online students creative financing and shares his knowledge with more than a million followers across social media. He is also the co-host of the Wholesale Hotline and Sunday Service real estate podcasts. Pace currently lives in Arizona.

Table of Contents

Introduction
1. What is Creative Finance and Why Should You Care About It?
2. Creative Finance in Everyday Life
3. Why Do People Buy Real Estate?
4. Strategies to Purchase Properties
5. Why Are Sellers Open to Creative Finance?
6. Strategies to Make Money
7. Examples of Subject to Deals
8. Examples of Seller Finance Deals
9. Where to Find These Deals?
10. How Do I Know if It’s a Deal?
11. Proven Scripts for Presenting the Offer
12. Things to Do Before You Start
13. Finding Buyers for My Deals
14. Ways to Fund My Deals If I’m Broke
15. The Legal Side of Subject To
16. Paperwork and Flow of the Deal
17. Who Can Help Me Run My Business?
18. Common Questions About Creative Finance
19. Next Steps In Your Journey
20. Subject to Case Studies (Student Stories)
21. Seller Finance Case Studies (Student Stories)
22. Bonus Chapter (Everything Else You’ve Never Heard of…)

Editorial Reviews

04/24/2023

Morby, host of A&E’s Triple Digit Flip, debuts with a competent primer on investing in real estate, dispensing tips for purchasing and selling properties, structuring deals, and overseeing a real estate portfolio. Emphasizing the importance of being personable, Morby recounts how his decision to help a seller find a new home for her pet rabbits led her to sell to him over other buyers: “This whole business is helping people and solving problems.” Advice for finding buyers includes promoting rent-to-own arrangements to would-be renters, as well as collaborating with other realtors to pool leads on potential deals. The author breaks down “creative” ways of financing deals, including lease-to-buy, taking over a mortgage, and “seller financing,” which involves the seller acting as lender while the buyer pays off the cost of the property in installments. Such discussions of alternative ways to purchase and sell real estate will be most helpful to those with some background in the housing market, and aspiring real estate moguls will find useful the recommendations on how to scale up one’s portfolio, suss out a seller’s priorities, and answer common questions from sellers. This gets the job done. (May)

Publishers Weekly

Morby, host of A&E’s Triple Digit Flip, debuts with a competent primer on investing in real estate.” 

—Publisher’s Weekly

“Pace Morby doesn't just talk the talk, he walks the walk. From the moment I met him, I realized his depth of real estate knowledge matched his depth of caring about other people's success. I would read anything this guy puts his name on!”

—Dean Graziosi, New York Times best-selling author of Millionaire Success Habits

“Just yesterday, someone asked me, ‘Why is Pace blowing up so big? He's everywhere!’ And my response was simple: ‘I've never known anyone to care about the success of others more than Pace does.’ And now, having this book in my hand, I see it even more in every chapter, every word, every concept. This book is obsessed with turning regular people into real estate moguls—and doing it despite their lack of cash. His creative financing strategies are innovative, practical, and game-changing… and they are sure to help you grow your portfolio and achieve your financial goals."
—Brandon Turner, Best-selling author of The Book on Rental Property Investing and longtime co-host of the BiggerPockets Podcast

“The way to build wealth and build an empire is investing in real estate… Pace Morby gets it! He shares an inspiring story of some of his biggest mistakes and how he went from ‘zero’ to ‘hero’... Whether you are just getting started or you are an experienced investor, the strategies he teaches are valuable tools. This book might just be the piece you have been missing!" 
—Elena Cardone, Best-selling author, speaker, and real estate entrepreneur

“Pace Morby is the greatest creative real estate investor of our generation. I’ve watched Pace create immense ‘wealth without cash’ in his own life and in the lives of thousands of others. If your goal is real wealth, the book you currently hold is your map to it… You have no idea how your life is about to change. Keep reading!” 
—Jamil Damji, Co-host of A&E’s TV show Triple Digit Flip and co-founder of KeyGlee

“There’s a reason that Pace Morby is considered the ‘GOAT’ (greatest of all time). His knowledge is second to none, but even more importantly, his transparency and willingness to share and teach others is something that is one of a kind… His strategy not only works, but it’s replicable by new and seasoned investors alike. As someone who has transacted almost $900 million of multifamily, I am always delighted for any chance I get to learn from Pace." 
—Veena Jetti, Founding partner of Vive Funds, Forbes council member, and multifamily investor

"You should read this book—not because Pace Morby is one of the smartest creative finance experts on the planet. Not because Pace Morby doesn't just teach creative finance, but he actually uses it daily at the highest levels. Not because Pace Morby has created a legacy of generational wealth for his family. You should read this book because Pace didn’t write it for himself. He wrote it for you. He genuinely cares about your success. You should read this book because when someone like that offers to teach you, you should always accept.”
—Henry Washington, Author, real estate investor, and co-host of BiggerPockets On the Market podcast

From the Publisher