Get Creative with Pace Morby

How Deirdre Turned Her First Deal Into a Wealth-Building Strategy


Listen Later

Welcome to a new episode of Get Creative! In this episode,Jordan Whittenburg sits down with Deirdre Sommerkamp, a real estate investor, private money lender, and a proud member of multiple creative finance communities. Deirdre shares her journey from joining the SubTo community in May 2023 to closing her first deal just a month later. She dives into how learning about self-directed IRAs changed her investment strategy and allowed her to confidently lend money for real estate deals. If you're interested in private money lending, creative financing, or building wealth through business acquisition, this episode is for you!


Highlights:
"You find people that you click with, and you find people that have similar integrity."


"Investing in relationships is Pace's entire approach to everything he does in business and life."


"It's all about solving problems—whether in real estate, business buying, or in my W2, the principles are the same."

Timestamps:

00:00 - Welcome & Introduction
01:55 - First Deal & Joining SubTo
03:49 - Learning About Self-Directed IRAs
06:34 - Importance of Relationships
09:42 - Early Real Estate Experience
13:19 - Transitioning Skills into Real Estate
16:32 - Consulting for Equity & Business Buying
19:05 - The Results of the First Deal
22:34 - Looking for Future JV Opportunities
25:57 - The Power of Community

► 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:

http://joingatortribe.com/yt 

 

► 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/ 

 

PLUG IN & SUBSCRIBE

Instagram: https://www.instagram.com/pacemorby/ 

TikTok: https://www.tiktok.com/@pacemorby 

...more
View all episodesView all episodes
Download on the App Store

Get Creative with Pace MorbyBy Pace Morby

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

105 ratings


More shows like Get Creative with Pace Morby

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,721 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

991 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,910 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

970 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,408 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

618 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,831 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

325 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,130 Listeners

On The Market by BiggerPockets

On The Market

893 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

697 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

1,016 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

850 Listeners

The David Greene Show by David Greene

The David Greene Show

702 Listeners