The Rich Somers Report
Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $80M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers
The Rich Somers Report
Building a $450 Million Real Estate Empire Using Low & No Money Down Strategies | Pace Morby E316
How do you scale from nothing to nearly half a billion dollars in real estate? In this episode of The Rich Somers Report, Rich sits down with Pace Morby, real estate investor and creative finance expert, to break down the low and no money down strategies he used to acquire over $450 million in real estate.
Rich and Pace discuss:
- Why creative financing, seller financing, and sub-to deals are game-changers in today’s market.
- How Pace built a massive real estate portfolio without relying on traditional bank loans.
- The biggest mistakes new investors make when trying to scale.
- How to leverage expired listings, motivated sellers, and seller financing to buy properties with little cash.
- Why boutique hotels, RV parks, and mobile home parks are prime opportunities in the current real estate cycle.
Pace shares the exact playbook he uses to acquire high-value assets, structure deals that minimize risk, and build long-term wealth. If you’re serious about real estate investing and want to learn how the top investors are closing deals in today’s market, this episode is packed with actionable insights.
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