BiggerPockets Real Estate Podcast - Creative Financing Q&A: LLCs, Negotiations & More

Don’t have enough cash? Try creative financing! No credit? Try creative financing! Ran out of conventional loans? You already know what we’re going to say...One of the most knowledgeable real estate investors around, who pretty much reinvented the subject to deal, is Pace Morby, and he’s here with us today! Pace invites four guests onto the show to ask him their most burning questions about subject to deals, creative financing, legal protections when investing in real estate, and how to negotiate with a seller. Even if you’ve never thought of doing a creative financing structure, Pace may convince you that there’s good reason to be educated on them, as it could help you save thousands in closing costs and allow you to scale your real estate portfolio much quicker. ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup ~~~~ Watch “Triple Digit Flip” on A&E: https://www.aetv.com/shows/triple-digit-flip ~~~~ Follow Pace on Instagram: @pacemorby or https://www.instagram.com/pacemorby/ ~~~~ The Intro to Subject To Real Estate: https://www.biggerpockets.com/blog/2016-07-03-subject-to-real-estate ~~~~ The Essential Elements of the Creative Financing Toolbox: https://www.biggerpockets.com/blog/creative-financing ~~~~ Follow BiggerPockets on Instagram: @biggerpockets or https://www.instagram.com/biggerpockets/ Episode 529 Show notes at: https://www.biggerpockets.com/show529 0:00 Intro 1:26 Do Market Cycles Influence Creative Financing? 4:37 2022 Housing Market Predictions 10:14 How to Comp Profits for Buyers 17:53 Should You Form an LLC for Real Estate Investing? 22:15 Optimizing with a Virtual Assistant 29:07 Buying with an Adjustable Rate Mortgage (ARM) 34:26 Negotiating with a Tough Seller