Locked In A 4% Subto Deal With $300/Month Payments? -- Here’s The Flip Plan | Subto Breakout
On today's Wholesale Hotline Podcast (Subto Edition), Pace is joined by Eric Richards to break down his process A to Z. Show notes -- in this episode we'll cover: Eric breaks down his latest “subtail” deal in small-town Ohio—buying a 4-bed home with zero hard money, using subject-to financing, a $5K down payment, and a creative cross-collateralization strategy. From $53K purchase to $115K sale, Eric and his team executed a full rehab and resale in under 60 days—clearing $30K+ profit without spending a dollar out of pocket. How Eric built a 22-person team, scaled his local reputation, and now dominates his market with flips, rentals, wholesales, and soon a property management and title company—controlling the full real estate stack. Why creative finance thrives in rural markets: less competition, more seller flexibility, and big returns in overlooked zip codes—especially with strong local operations. Eric lays out his Everest goal: to control the real estate landscape from Pittsburgh to Knoxville via partnerships, services, and affordability-focused ownership—making him not just an investor, but a community builder. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️ Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business: ✌️ https://shor.by/pace-youtube ✌️ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🗝🗝 FREEBIES 🗝🗝 📑 FREE assignment contract: https://www.pacejmorby.com/assignment... 📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec... 📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling 📑 FREE cold texting script: https://www.pacejmorby.com/text 📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure 📑 FREE disposition checklist: https://www.pacejmorby.com/dispo 📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping 📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water 📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos 📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller 📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate... 📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536 ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 👽✌️ Learn from Pace and Cody 👽✌️ 🔸Follow Pace on IG: https://www.instagram.com/pacemorby 🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk 🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service 🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST 🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST ⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🚧🚧🚧 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 ❎