DiscoverGet Creative with Pace MorbyCross-Collateralization in Real Estate Explained
Cross-Collateralization in Real Estate Explained

Cross-Collateralization in Real Estate Explained

Update: 2024-11-15
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Description

Welcome to a new episode of Get Creative! Today, your host, Ingryd Hernandez, dives into the world of creative real estate finance with Brett Flory, a seasoned member of the Gator Tribe and SubTo communities. In this episode, Brett breaks down an extraordinary $5K earnest money deposit (EMD) deal, discussing unique strategies like cross-collateralization, mutual release forms, and relationship building in the lending world. Whether you're a beginner or experienced investor, this episode is packed with actionable insights and expert advice.


 


Highlights:


"Your name is your value in real estate investing."


 


"Cross-collateralization secured my funds against two properties."


 


"Mutual release forms protect your earnest money deposit every time."


 


"Creative finance is all about minimizing risk and maximizing relationships."


 


Timestamps


00:01 - Introduction


01:26 - Meet Brett Flory


02:39 - The $5K EMD Deal


03:04 - What Is EMD?


05:47 - Structuring the Deal


09:19 - Due Diligence Matters


11:43 - Cross-Collateralization Strategy


17:49 - $3K Profit in 30 Days


19:19 - Building Relationships


22:10 - Double Closes Explained


 


► Join The Subto Community & Learn Creative Finance Directly from Pace: 


https://paceapproves.com/subto-gc 


► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:


http://joingatortribe.com/yt 


 


► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 


 


► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:


https://paceapproves.com/tttc-gc 


 


► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:


https://getcreativepodcast.com/ 


 


PLUG IN & SUBSCRIBE


Instagram: https://www.instagram.com/pacemorby/ 


TikTok: https://www.tiktok.com/@pacemorby 

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Cross-Collateralization in Real Estate Explained

Cross-Collateralization in Real Estate Explained

Pace Morby