Breaking Down a Lease Option | Deal Rescue

In the fifth part of this series, Pace Morby calls Victoria, the real estate agent, after his conversation with the lender/loan officer about structuring a lease option to satisfy the underwriter for this deal. Pace teaches her what a lease option is and how it will convert into a subject to transaction. He also explains how structuring the deal through a lease option will be easier for the underwriter since lease options are commonly understood in the real estate realm. This video is a great lesson on why educating each party in a creative finance deal is the smartest practice because of the numerous moving parts. A deal could easily be shut down if one party doesn’t understand something. Pace stresses that it’s best to ask questions about what the underwriter wants to see before proceeding with writing documents because every underwriter is different! See the entire series here!    • Deal Rescue   ► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼 http://subto.sjv.io/Y9aome ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt ► Subscribe To My Second Channel: / @keepupthepace1 ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/ ► The Ultimate Exit Strategy for Subto Deals: https://splityourpad.com ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: http://jointoptiercommunity.com/ —---------------------------------------------------------- ► Get Our Vulcan7 Code: https://www.vulcan7.com/pace ► Get Our BatchLeads Code: https://batchleads.io/pace ► Get Access To Privy https://Startwithprivy.com —----------------------------------------------------------- 🔌 PLUG IN & SUBSCRIBE 🔌 Instagram: / pacemorby TikTok: / pacemorby LinkedIn: / pacejordanmorby 🗝🗝 FREEBIES 🗝🗝 📑 FREE assignment contract: 📑 FREE wholesale contract: https://go.www.pacejmorby.com/wholesale 📑 FREE cold calling script: https://go.www.pacejmorby.com/coldcal... 📑 FREE cold texting script: https://go.www.pacejmorby.com/texting 📑 FREE foreclosure script: https://go.www.pacejmorby.com/foreclo... 📑 FREE disposition checklist: https://go.www.pacejmorby.com/dispo 📑 FREE comping cheat sheet: https://go.www.pacejmorby.com/comping 📑 FREE guide to pulling a water list: https://go.www.pacejmorby.com/water 📑 FREE guide for taking photos on appointments: https://go.www.pacejmorby.com/photos 📑 FREE seller lead form for talking to sellers: https://go.www.pacejmorby.com/seller 📑 FREE profit and loss template: https://go.www.pacejmorby.com/profit-... #RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips 🚧🚧🚧 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 YouTube video for entertainment purposes ONLY ❎