From Foreclosure to Success: Creative Financing Explained

Welcome to a new episode of Get Creative! In today's episode, host Karolyn Briley is joined by guests Mumbo Williams and Roger Oquist. Together, they explore innovative strategies in real estate investing, focusing on collaboration within the Sub Two community. The episode dives into a unique Novation deal that highlights the importance of communication, community support, and creative problem-solving in overcoming foreclosure challenges.

 

Highlights:

"The community matters more than the education." 

 

"Always make sure to get a copy of their payment each month." 

 

"This business is about creating win-win solutions." 

 

"You can't sell a home and pick up a home in that manner." 

 

Timestamps:

00:00 Introduction to Get Creative Podcast

01:07 Meet the Guests: Mumbo and Roger

04:37 Mumbo's Journey into Real Estate

05:50 Understanding Novation Deals

08:13 Roger's Insights on the Deal

09:30 The Foreclosure Surprise

11:33 Importance of Active Participation

12:30 Creative Deal Structuring

15:22 Breakdown of Costs and Renovations

17:00 Selling the Property and Closing Details

 

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

https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast 

► 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:

https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content= 

 

► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast 

 

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

https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast 

 

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

https://getcreativepodcast.com/ 

 

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