June 13, 2025

Locked In A 4% Subto Deal With $300/Month Payments? -- Here’s The Flip Plan | Subto Breakout

32 minutes

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.

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☎️ 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:

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📑 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

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👽✌️ 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 ⚠️

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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 ❎

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By Wholesale Hotline

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June 13, 2025

Locked In A 4% Subto Deal With $300/Month Payments? -- Here’s The Flip Plan | Subto Breakout

32 minutes

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.

Why creative finance thrives in rural markets: less competition, more seller flexibility, and big returns in overlooked zip codes—especially with strong local operations.

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

☎️ 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