
Show Notes
Justin Tuminowski sits down with David Moody and Jared Morrison to break down how they acquired a 20-bed assisted living facility in Michigan using a subject-to structure on an SBA loan. They share how a deal originally priced at $660,000 was renegotiated after deeper underwriting revealed the facility was being run almost entirely by the owners, creating major staffing and operational considerations. The conversation covers the tight timeline caused by the seller’s cancer treatment, the $67,000 hard deposit, the refinance strategy with a local credit union, and the lessons they learned about buying a business versus buying real estate. David and Jared also explain how this deal shifted their long-term focus toward building and serving in the assisted living space.Follow Jared Morrison - https://www.instagram.com/jaredmorrisonrei YouTube - https://www.youtube.com/@Jaredmorrisonrei Follow David Moody - www.instagram.com/davidbuysdeals Follow Justin Tuminowski - www.instagram.com/real.estate.justin
More from Get Creative with Pace Morby
Kyle Karges sits down with Mundo Sanchez to talk through his path from baseball and corporate finance into real estate, SubTo, transaction coordination, and Morby Method deals. Mundo breaks down a Pigeon Forge short-term rental purchase with strong seller-finance terms, the zoning issue that changed the exit strategy, and how he is working to protect lenders while navigating a difficult sale. The conversation highlights practical lessons on verifying local ordinances, underwriting multiple exits, handling repairs and adversity, and using creative finance tools to solve problems. Mundo also shares what he is building next with AI-powered companies and real estate technology.
Kyle Cargas sits down with Sam Rauchwarter to talk about his transition from sports physical therapy and Team USA work into creative real estate investing. Sam shares how joining SubTo, Zero Down, and Owner’s Club helped him build relationships, take imperfect action, and find his lane in land deals. They break down a 10-acre land flip in North Carolina, including bird dogs, due diligence, exit strategies, and why he chose a simple wholesale-style flip over subdividing. Sam also explains how land investing fits into his long-term plan to create income, buy back family land, and build generational wealth.Follow Sam Rauchwarter - https://www.instagram.com/drdirtland/► Join The SubTo Community & Learn Creative Finance Directly from Pace Morby:https://subto.sjv.io/X42Y94► Learn How to Make Money on Other People's Deals - Join the FREE Live Training:https://gator.sjv.io/n4WL6o► Turn Real Estate Transactions Into a Real Career. Learn How to Become a Top Tier Transaction Coordinator - Start Here:https://toptiertc.pxf.io/OYyrdz
Justin Tumenoski talks with Adina Thomas about her first SubTo deal, a Baltimore referral that turned into a tough lesson when the seller backed out after a buyer was found and escrow was opened. Adina shares how she learned about filing a memorandum to protect her contractual position and why investors need to understand their options when a seller does not perform. The conversation also covers the danger of spending too much time on one deal, the importance of building a pipeline, and how Adina is now bird dogging for investors across different asset classes.
Kyle Kargis sits down with Joedocei Hill to talk about his path from computer science and a W-2 career into real estate investing, wholesaling, and the SubTo community. Joedocei breaks down a Virginia wholesale deal that took 212 days of follow-up, involved a difficult tenant situation, and ultimately produced about $41,000 in net profit after a double close. They also discuss the importance of proximity, building the right team, hiring for personality fit, and scaling a wholesale operation into new markets.
Justin Tuminowski sits down with returning guests Kristie DeLouise and John Matland of NextKey Collective to break down a Greensboro, North Carolina creative finance deal that became far more complicated than expected. What started as a straightforward JV dispo turned into a race against foreclosure after hidden UCC liens for windows and bathroom work appeared on title. Kristie and John share how communication, buyer relationships, lien negotiations, and persistence helped keep the seller, buyer, JV partner, title team, and specialists moving toward closing. They also discuss the lessons investors can take from difficult deals and why strong relationships often create long-term value beyond a single assignment fee.