In today’s Get Creative episode, Pace Morby sits down with SubTo student Alexis Jimenez to discuss an 8% subject to deal he acquired from a wholesaler. Why would he accept a creative finance deal with a high interest rate? He looked into the deal further and found the seller had almost paid off the mortgage, meaning the interest rate would truly be around 2%! This is a prime example of why it’s important to consider every factor of a real estate deal before turning it away due to a high interest rate or purchase price. Pace and Alexis also talk about raising capital and how overdelivering strengthens relationships with private money lenders. They also dive into what Alexis’s goals are for 2024 as well as what he’s looking for in terms of what people can help him with. If you’re thinking about partnering with someone and acquiring 50% of a buy and hold deal, you should reach out to Alexis because he’s targeting working with more private money partners in the future. ► Join The SubTo Community: http://joinpacescommunity.com/yt ► Join Our Free Facebook Group to Connect with Alexis: https://paceapproves.com/freefb-yt ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️ https://paceapproves.com/wholesalecontract 🔌 PLUG IN & SUBSCRIBE 🔌 ✌️ Follow Me On Instagram: https://www.instagram.com/pacemorby/ ✌️ Follow Me On TikTok: https://www.tiktok.com/@pacemorby Chapters: 0:00 - Intro 1:18 - Subject To Deal Breakdown 5:45 - Overdelivering 6:34 - Exit Strategy 7:29 - 2024 Goals 8:30 - PadSplit 10:45 - Outro ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⚠️ #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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 YouTube video for entertainment purposes ONLY ❎