STOP Wasting Time -- I Lost 4 Years Saying “I’ll Think About It” | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 6 June 2025
⏱️ 30 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace walks through a live call where he negotiates a seller finance deal on a 34-pad RV park, offering full price with an “embarrassingly low” down payment and a second payment after 12 months.
Show notes -- in this episode we'll cover:
- Pace walks through a live call where he negotiates a seller finance deal on a 34-pad RV park, offering full price with an “embarrassingly low” down payment and a second payment after 12 months.
- He explains why sellers agree to seller finance—health issues, retirement, or management fatigue—and how solving their pain points is more important than price.
- The RV park in question generates an estimated $34,000/month, and Pace reverse-engineers the deal to ensure $8,000 in net cash flow before calculating an $11,000/month payment to the seller.
- Pace reveals that he buys RV parks with no bank loans, no credit checks, and often negotiates 0% seller finance—emphasizing terms over price.
- Even without capital or ownership, you can earn $10K–$20K just by sourcing deals.
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🚧🚧🚧 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 Podcast for entertainment purposes ONLY ❎
Transcript
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| 0:00.0 | Hey guys, Pace Morby here. Welcome to Wholesale Hotline podcast. Today we're going to be talking |
| 0:03.7 | about wholesaling and how you can get started. But I want to tell you, wholesaling is not just an |
| 0:07.8 | amazing way for you to get started in real estate, but you can also build cash flow and build |
| 0:12.7 | a portfolio in the process. Today's episode, you will walk away with tremendous notes. |
| 0:18.0 | And I want you to remember, we do a live episode every Monday night |
| 0:22.4 | over on my YouTube channel, YouTube.com forward slash pace morby. |
| 0:27.1 | Head over there and you can meet other audience members and do deals in the live chat. |
| 0:31.9 | Remember to subscribe, give us a little bit of love, and make some comments in the show |
| 0:36.4 | notes down below so we know what to talk about in the future. |
| 0:39.3 | Enjoy today's episode. |
| 0:45.3 | I want to talk about foreclosures. |
| 0:48.3 | This morning I got a graphic sent to me from Patrick Bed David. |
| 0:53.3 | He sent me a text message. |
| 0:57.6 | And the text message was a screenshot that he also put on X. |
| 1:00.4 | Did anybody see this image he put up there? |
| 1:06.8 | We are at an all-time high in the commercial real estate world of foreclosure since 2008. |
| 1:10.9 | We are currently 6.1 million people in the United States are in foreclosure. |
| 1:17.6 | 6.1 million people right now need our help, our expertise, our heart. And so this morning I started writing down all the ways that we can make money in foreclosure. |
| 1:24.6 | And if you are a note taker, I'm going to give you about three minutes of notes. |
| 1:29.3 | And then I'm going to jump into a story. I started writing down all the different ways that I've |
| 1:36.3 | made money with foreclosures and other people in this room have made money with foreclosures. Becca, |
| 1:41.4 | love you. Number one, cash offers. |
... |
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