In today’s video, Pace Morby and his cameraman, Eric Bahlman, break down Eric's first wholesale deal, including where he found it, terms and who he worked with to take it from negotiations to reality. As the end buyer, Pace explains how he’ll benefit from this deal through cash flow, appreciation, depreciation, loan pay down and leverage. Pace also dives into a possible retirement plan for Eric if he continues adding properties to his portfolio on a yearly basis. Connect with Eric on Instagram: https://www.instagram.com/ericbahlman/ ► Join My Subto Mentorship: https://paceapproves.com/subtoyt ► Want more Gator training? Join us for the upcoming LIVE training!: https://paceapproves.com/gatortrainingyt ► Join Our Free Facebook Community: https://paceapproves.com/communityyt ► Invest with Pace: https://subtofundinvest.com/ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️ https://pacejmorby.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 1:32 - Where did Eric find the deal? 2:05 - Depreciation benefits 9:04 - Cash flow 14:36 - Appreciation benefits 22:30 - Retirement plan (gangster strategy) 28:38 - Obligation vs opportunity ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⚠️ #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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 ❎