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Updated over 1 year ago on . Most recent reply

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Kyle Giess
  • New to Real Estate
  • Cincinnati Ohio
9
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5
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Pace Morby Gator Lending - reviews, experience, and results from students

Kyle Giess
  • New to Real Estate
  • Cincinnati Ohio
Posted

Hello everyone,

I'm Kyle Giess, a soon-to-graduate college student eager to kickstart my real estate investing journey.

For the past month, I've been closely following Pace Morby, especially since the release of his book "Wealth Without Cash." I'm particularly drawn to the concepts of Sub-To and seller finance and aspire to learn and apply these strategies in my own investments.

Recently, I came across Pace Morby's Gator Lending Training, and it caught my attention. The business model makes sense to me, and I'm considering enrolling in the paid training. Before I make a decision, I would love to hear from fellow "Gators" or anyone who has experienced the training. I'm interested in hearing about your experiences and insights.

Here are a few specific questions I have:

  1.  Does the training cover the legal aspects of Gator Lending in detail? I want to learn about the paperwork, connecting with attorneys, protecting oneself in deals, and understanding any potential legal issues in my state.
  2.  Does the training provide opportunities to find and pursue leads effectively?
  3.  Does the training help with establishing a line of credit through a trusted company?
  4. Will the training guide me through the process of setting up an LLC correctly in my state?

I would greatly appreciate any input or shared experiences from "Gators" or anyone else who has valuable insights to offer. Your feedback will be appreciated and will better help me make an informed decision about the Gator Lending Training.

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,529
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43,037
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

There was another thread on this subject.

Gator lending is lending EMD to wholesalers.. then I can tell you as someone who does well quite a few transactions a year that wholesalers are tagged to.. this is a complete non starter for many reasons . at least in my experience and opinion. To be fair I have lent EMD in the past but these were not for wholesaler these were for developers and bigger players. Most wholesalers are very good at BS ing there way into contract with little or no money.. So in reality your target market is TINY . hard to penetrate and the dollar amounts are very small so very limited income potential.

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JLH Capital Partners

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