Buy A Multi-Family With No Money Down

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Information Buy A Multi-Family With No Money Down

Title	:	Buy A Multi-Family With No Money Down
Lasting	:	9.25
Date of publication	:
Views	:	30 rb

It would've been great if these videos would have been around when I tried to purchase 60-plex with seller financing and the owner basically laughed at me
Comment from : Jorge Caicedo

Wowww 🙏🏾🙏🏾🙏🏾🫡🫡🫡
Comment from : pierre michel ifrene

the seller gave you a amazin deal no money down @ 4 is very rare you must be able to talk a cat off a fish wagon
Comment from : Katrell Smith

what percentage of those 43 units are occupied?
Comment from : John Magnor

@pacemorbybrCan you do subject to on multifamily?
Comment from : Kamron Engler

PACE HOW can we work with you on multifamily?
Comment from : Jim

Yes!! This is the way!! I need to Sub to a multi family deal myself
Comment from : Anthony Henry

Great deal but you didn't mention how much your closing costs were
Comment from : Justin Igoe

Be done with the swipe noises already
Comment from : Cheryl Vargas

Mind Explosion
Comment from : Benjamin Manuel

I like HOW you explain and break down things 👍
Comment from : Ormedo

My question is why the seller won't go and rent the properties for 30k a month and he is willing to sell it with a 10k monthly instalment? Cause in 50 years he would have made much more from the offer he accepted plus the value of the house in 50 years will be much higher than the price he accepted
Comment from : Panagiotis Sherepeklis

Great Video!
Comment from : Ahmad Noor

Can I do this with a Marina 🤔?brLooking at a marina for sell, price isn’t listed but there’s a total of 210 boat slips and he’s selling 187 to include the “lighthouse” not a (lighthouse just a fancy building) where they host wedding and party venues brThey didn’t include the income / cost spreadsheet so I just assume the average boat slip cost is $320 a month Nearly 60k per month in revenue and it’s a Fee simple property (which I don’t really understand but apparently is good) assuming running costs are less than $20k/m and loan payments are less than $20k that’s $20k netbrIdk if I’m legally allowed to skip around the brokers or not, but I’d much rather talk to the owner and see what I could do
Comment from : Michael Jameson

For the FOURTH DAMN TIME 😂😂😂
Comment from : Marissa Abston

How do we send you deals Pace? I have seller finance deal that I need your assistance with
Comment from : HIM Dr Lawiy Zodok

I was stationed there in the military, big training base there Good area, college/military town, should be OK
Comment from : Ten Minute Travel Break

I don't understand for one second why he would sell to you and take a loss on the payments, per month You now get the $30k/mo instead of him, and now he only gets $11k/mo Why, if he is a smart investor and setting his family up for the future, not just hire a property maintenance company (which he probably already has)? How is it smart for him to take a monthly loss of $19,000???brbrThat does not make any sense from an investment perspective and I'd like to understand how this deal even came to fruition
Comment from : givemedrums83

🔥🔥🔥
Comment from : Garff The Jeweler

I live in San Angelo Hope to see you doing more deals here and continuing to bring your knowledge & experience to our community!
Comment from : Mason Magness

Hello I would love to do this do I need a license or degree for this
Comment from : Junior Renella

well damn i should of brough you one of my seller finance deals i might try that with a seller im horrible at figuring out terms
Comment from : Emergent

Why didn’t the seller pocket that $10k a month and have his children inherited the property when he passed away ?
Comment from : 5b1b5g0en

Great video! How much was your total investment including inspections and closing costs?
Comment from : BnB Success Team

Can you explain how you got to $11k monthly payments ? Over 50 years that’s $66M
Comment from : Abie Shamosh

Can i fine deals for you and just get a small piece of equity in the deal with you? Getting into real estate been investing in the stock market for 8 years
Comment from : Mark Cox Investing

I lived in the Grand Rapids Michigan and I know there is a big difference in the everything in Michigan How can I know what you are saying is not for bidden in the Michigan (illegal), if not how do I get started on buying an apartment building? 🎉
Comment from : Adrian Mol

WOW YOU EXPLAINED THIS TO ME WELL LOl There is a condemned property in my neighborhood and the seller wants 2M for the property and it needs a bunch of work/ fire damage it needs new everything but it could be 2 or 4 units with 8 bedrooms Great location do you think creative financing will work for this deal?
Comment from : Bey Bea

Pace, I have to ask I’m super green to this business, virtually no experience though I’ve been in sales all my life now doing decent in Solar I want to invest in taking a course and start hunt for real estate deals Do you have a training program for sale or recommend any one personally? Also I’m in TX
Comment from : Bernardo G

Pace what if you sell to him for $5,000,000 but 0 interest? Is that ok?
Comment from : shazadster

Who paid the closing costs?
Comment from : Denise

A little late to the game with this video But man oh manI just LOVE creative financing What a great deal Pace and congrats on yet another acquisition But I do want to give everyone some exact numbers for all those that want to know brbrFor the $3mm loan at 4 interest over 50 years, the monthly payment will be: $11,57121/mo The seller will have sold that property for $6,942,72641!! Or to look at it a little differently, the seller (and his heirs) will receive $3,942,72641 in interest payments over the next 50 years So for everyone wondering, "Why would the seller sell this property with $0 down and at just 4 for 50 years?" Well, I think you know the answer 😁
Comment from : Brandon Mix

You did that bro 👏🏿 🙌🏿
Comment from : Justin Gordon

Great information and video I'd love to see how the contract was structured Also, wouldn't this only be viable if the owner owned the property outright with no liens on it?
Comment from : RDFaust1

Is he going to live another 30-50 years to collect the extra 2mil?
Comment from : Kevin S

How do you overcome the objection of mismanagement? Some sellers on the tail end of their career are nervous of you mismanaging their asset, not making payments, now they're back to square one with a much more distressed property
Comment from : Josh

Sheeeeeeesh!!!! 🔥 AMAZING - love all of your content man!
Comment from : Christian Anthony

Awesome Video Definitely straight forward! Love both of your teaching for formats, however, Fast Furious is awesome and Funny!
Comment from : Pro 2A

how would the exit plan work if in 10 years you decide to "sell" these units? are you able to sell the unites if you are doing Seller financing?
Comment from : Rafael Ramirez

Had to give a like at :17
Comment from : Carlos Perez

How does creative finance works? How can I have a wholesaler that brings me this kinds of deals It’s just beautiful I wish I could do that I feel like I need to do this right now I’m done working I have 250k sitting in my bank because I don’t know anything I lack of information I need to know more about creative financials How can I bring that up? How can I do that paperwork by myself? A lot of questions
Comment from : Nicolas Reyes

Help!!! If he paya 11000 monthly, it ended up around 6 million, but he said 5 million, how it works?
Comment from : Manuel Lux

Great video Is there any exit strategy to this? I'm assuming that's interest only payments and no principle pay down? Will you ever refinance, if it's worth 45mil one day with a lower interest rate? How do you get full ownership onto your self of llc eventually or is that not even a consideration Hope to hear back
Comment from : Richard qc

Back from Dallas we here
Comment from : JKLM 5

I am looking to do this in a couple of months
Comment from : Just me Sandy

I love the videos, thank you for sharing I've watched many of them now and one thing I'd like to see that isn't shown is the end results For example, can you post a video now (that it has been a few months) showing us the actual financial statements? Show us actual income, maint, loan payments, etc so we can see how it has worked out for you after this amount of time
Comment from : Joshua

Pace Sell me one of your muktifamily properties using creative financing for zero down
Comment from : Jose Castillo

Golden nuggets!!!
Comment from : Moe

"Slow Clap"
Comment from : Isaac Trujillo

Cool 😎
Comment from : MANUEL LARA

I got the chills from this video! I feel wealthy already! Thanks Pace! Cya in Temecula!
Comment from : HARZ CARZ

Pace you thank you so much for the video brotha!! I actually have a multi family opportunity direct to seller 5 apartments bundle in Toledo, OH What’s the best way to get ahold of you to discuss this?
Comment from : Jayvion Stevens

Thank you! You seriously rock!!!
Comment from : Cor the King

So glad I seen this bad ass video Pace!! Your way explaining is absolutely incredible real talk bro Not only am I learning creative finance but I just learned what that crooked equal sign means too! 😂 Thanks again Professor Pace!
Comment from : Anthony Henry

Why is the rental revenue so low? I make between $30-$50k/year on ONE unit!!
Comment from : Shayla Duke

Can I work for you?
Comment from : Tyler Jorgensen

What about the employees you will have to staff? Cap ex and employees pay maintenance maint supplies and leasing agents that are typically full time in a apartment?
Comment from : steven kyler

Great video I need 5 of these I am pulling a list tommorow
Comment from : Curtis Harvey

Ok I understand what you explained… BUT once the sellers says yes…brbrHow’ do you structure this on paper? brbrbrbrCan I get the NFT for you the property you got on live in May?? 🙏🏼🙏🏼🔥
Comment from : Carlos Alejandro Arias

I could cry watching this!
Comment from : Charles Carter

Wish you'd do more videos EXACTLY like this when dropping your info bombs It's straight forward, easy to understand and there's zero deviation from the topicbrI understand creative Financing 50x better from this video than I did from the 1hr or 25hr zoom call covering itbrPlease, please make more videos just like this! Thank you again Pace for being such a valuable human!
Comment from : Hiiroke Snowfallen

Pace your daughter is adorable! You are the man The value you provide is amazing
Comment from : Synicka Nash

Pace great video Was the property free and clear???
Comment from : Dr Mike Unlimited

Hi Pacewhat did the wholesaler end up making!! GREAT VIDEO AND CONTENT AS ALWAYS
Comment from : Jeff Carter

"more money better term for the buyer!!" ✔️
Comment from : piry treasuresales

It’s Morbin’ Time
Comment from : Jorge Polo

Amazing! Thank you so much!
Comment from : Rachael

Great vide! Conceptually, consider what it cost you on a monthly basis and not what you pay for the property If you arrive at those same numbers monthly, you could pay 4m for the property and still be a good deal
Comment from : Justin

I’m curious to know more about the tax benefits to the seller in this deal I have an idea, but I was hoping someone could explain them in case I missed some
Comment from : Rakish Thoughts

Wow!! That’s so fantastic! It’s a win win for seller and buyer! ✌️
Comment from : Carmen Lohn COTA

Something doesn't add upbrbrWhy take a 50 year at 11k/m If this guy is so savy he can do a lot better than 4 annually 285m VS 3m is negligible over that term Even when including the 300k in feesbrbrAlso if you want to avoid taxes he has a year to reinvest back into another propertybrbrLastly, if this investment grosses 30k/m and the operating expenses are only 9k, I'm sure he can pay someone alot less than 21k a month to handle all the headaches like trash and toilets (which in sure a savy investor isn't handling himself) So why leave all the cash flow on the table and not get a lump sumbrbrHe could get a higher total return monthly simply investing 15-2m (after taxes on sale) in an EFTbrbrThis deal needs a lot more explanation If there are as many of these deals out there as you say Why share them with us Just scoop them all for yourself You literally have no skin in the game if the investment goes bust the original seller takes it back and you lost nothing
Comment from : Baum Real Estate

Bit of feedbackI'm 37 and really don't need fancy editing and music Or Explaining the 'what' etc
Comment from : Stephen Thompson

I wanna be like Pace ❤️🙏
Comment from : Susan Loy

Pace, how much did you pay the wholesaler that brought you the lead?
Comment from : wyha7

I spent my first 13 yrs in America in San Angelo Went to Edison Jr High! Wow! That’s amazing!
Comment from : Fortnite Compilations

Great Video! Would like to see if there was a promissory note or how deal got structured for title Thanks Pace!
Comment from : danielparadaofficial

🔥🔥🔥🔥
Comment from : Ascension IQ

🐐🐐🐐🐐
Comment from : Brandon Cox

Thanks
Comment from : DhowTo

THE PACE MAN
Comment from : Donald Morckel

Pace the MF GOD How do I sign up
Comment from : Louis Cipher

Wait so if you made $10K did you have to pay the seller his $11K the 1st month too? Or you start paying from the 2nd month? I know guys like pace don’t read the comments so if someone can answer I’d glad…
Comment from : Real Estate Coaches Tv

Great video love the mechanics behind these deals
Comment from : Wil D

Thanks for breaking down this deal Pace! Would you ever refinance a deal like this? What would happen to the seller at that point do they get taxed on the remainder?
Comment from : Zachary Watson

Pace is Bad azzz ! I must admit
Comment from : DCs King

This very powerful information Once again
Comment from : #Brycen

🔥
Comment from : JosephA

Really good vid Thx bro
Comment from : stevenw373

"Sellers arent broke Like you" damn Pace didn't have to do me like that :( LMFAO
Comment from : Jeremy Mateo

💪😎✌️
Comment from : Brian Londono

Amazing deal and Thank you, Pace, for taking the time to explain the terms, the benefits to both the seller and the buyer and the monthly expenses/revenue
Comment from : Cindy Brunshwiler