NEVER Buy Real Estate With Your Own Money, Do THIS Instead | Pace Morby

EPISODE 384: People always assume that you need a lot of money to invest in real estate. But that couldn’t be further from the truth! In fact, many seasoned investors would go as far as to say that you should never ever buy real estate with your own money. Now, if that sounds ridiculous to you, you’re in the right place! Today, we’re featuring the king of creative financing himself, Pace Morby! From humble beginnings, Pace has built up a strong reputation over the last few years. He has renovated over 7000 homes, completed 150 new construction projects, wholesaled over 200 deals a year, has a 100-unit mobile home park, and the list goes on. To say that this man is a beast is an understatement!Tune in to learn how to buy real estate with someone else's money and how to stop trading your time for money but make your money work for you!Key Takeaways: 00:00:00 Intro00:01:12 How Pace made his first dollar as a kid00:06:06 Don’t exchange your time for money!00:07:53 Pace’s business today 00:10:15 How Pace raised $30K for the first time00:18:34 Mentorship and the massive transition in Pace’s mindset00:24:18 Pace’s plans for 2024 and beyond00:31:27 Outro —➡️ Check out Pace Morby: • Website: https://pacemorby.com/ • YouTube: https://www.youtube.com/@PaceMorby ➡️ Visit https://reedgoossens.com/ and:• Invest passively in multifamily real estate • Get FREE access to my 100% Passive Real Estate Investment Masterclass• Take a look at my portfolio• Get FREE multifamily real estate resources ➡️ Follow me on social media:• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/ • Instagram: https://www.instagram.com/reedgoossens/ • Facebook: https://www.facebook.com/reed.goossens/ ➡️ Subscribe to my podcast: • YouTube: @ReedGoossensREI • Apple: https://apple.co/44MiDN7 • Spotify: https://spoti.fi/45fVIcR • Stitcher: https://bit.ly/3OHHJqJ • Soundcloud: https://soundcloud.com/investing-in-the-us —Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!Follow so you never miss an episode!