Welcome to a new episode of the Get Creative podcast! Today, we're joined by Ashley Abbott from Kansas City, who shares his remarkable journey of rolling profits from a fix and flip into multiple creative finance deals. It’s a fascinating story that reveals how Ashley transformed a single property transaction into significant growth opportunities, effectively tripling his investments through strategic financial maneuvers.

Highlights:

"I could not comprehend that you can go get a property with little or no money down."

"This is the most amazing, incredible thing I've ever heard of in my life. This can't be real."

"It's funny when people reference that podcast... they say they thought it was a scam."

"You're kind of poisoned now by creative finance where you have a hard time not doing creative finance deals."

Timestamps:

00:00 Introduction and Guest Welcome

00:38 Ashley Abbott's Initial Experience with Triplex

02:20 Negotiating Property Prices and Making Deals

03:27 Challenges and Appraisal Issues with Property

04:08 Selling Property and Realizing Profits

05:00 Discovering SubTo Deals and Expanding Portfolio

06:17 The Shift to Creative Finance and Mentorship Influence

07:19 Strategic Investment Using Creative Finance Techniques

08:20 Securing Properties with Optimized Financing

09:26 Dealing with Properties and Securing More Deals

10:53 Finalizing Creative Finance Deals and Outcome

11:51 High Valuation Sales and Investment Growth

12:47 Comparing Traditional and Creative Finance Results

14:29 Review of Financial Outcomes from Creative Deals

16:13 Ongoing Search for Deals and Private Money

17:10 Closing Remarks and Future Plans

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

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

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

https://getcreativepodcast.com/

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Maximizing Profits through Creative Financing

Get Creative with Pace Morby