Unlocking Creative Financing: A Deep Dive into Subto Deals
Description
Welcome to a new episode of Get Creative! In today’s episode, host Karolyn Briley is joined by real estate investor Phillip Warrick. They dive into the intricacies of creative finance, focusing on a compelling Subto deal in LaPorte, Texas. Phillip shares his journey in real estate investing, the importance of community collaboration, and valuable insights on navigating motivated seller situations.
Highlights:
"Real estate is local; you can build a multi-million dollar empire in your own market."
"The Subto community has everything; I don’t have to go outside to get high-level training."
"When we can solve more problems for sellers, the more likely we are to get the deal."
"I started my journey with a home study course on buying houses with no cash and no credit."
Timestamps:
00:00 Introduction
01:12 Guest Introduction: Phillip Warrick
02:06 Overview of the LaPorte, Texas Market
03:04 Phillip's Real Estate Journey
04:58 Starting in Real Estate at Age 21
05:17 The Importance of Local Market Knowledge
07:09 Discovering Gator Community
09:00 Transitioning into Subto Community
10:56 Origin of the LaPorte Deal
13:27 Breakdown of Numbers and Financing
► 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:
► 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/
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