https://www.youtube.com/watch?v=VBq-yFw9Xq8

Pace walks through a real estate strategy called a Gator loan, where you fund repairs for a refinance and pocket the difference. He shows the math on a deal that made him $10K in 14 minutes and explains how the lender protects your money.
Foreign. Yo, what up? How you doing? Hey. Good. How are you? Good. I've got a Gator transaction that we can make $10,000 on in, like, couple of weeks. Awesome. And I need you to. I need you to call the girl that needs the money. She's got. She has a need for $20,000. Okay. She's got three. Will you mute the zoom that you're on right now real fast? Oh, yep. Sorry. Sounds like you're on a meeting with the team. Yeah. So the. She needs $20,000. She's got three houses that she got appraised for a refinance now that rates are going down. And the appraisal came back with some issues on the houses. And so the lender says, hey, we'll give you the money for your refinance to lower your rates, but there's about 10 things that have to be fixed, and those 10 things cost. Are going to cost her a little under $20,000. Okay. So I told her we would bring the $20,000 to. To her transaction to fund the repairs on her appraisal. We then are going to get paid $10,000 for doing so. So we'll get our 20 grand back plus $10,000. She is going to be waiting for your call. What I need you to do is A, get a copy of the appraisal asking for those repairs. Okay. B, I want you to get an agreement together with her, and C, I want you to talk to the lender. And when you talk to the lender who's doing the refinance, is there any reason you would not do the refinance? Is there anything that would hold this up? Is there any reason that this would all fall apart? And then I'll give you this girl's name. Her name is Angela Jarrett. Okay. Okay. So if you could call, if you could text her right now, that'd be super helpful. Absolutely. And work on that, that'd be great. And make a little $10,000 in, like, 14 minutes worth of work. That's amazing. Okay, thank you. I just text it to you. Perfect. Okay, thanks. Thank you. Okay, so here's what's really interesting about this transaction is I talk about Gator transactions all the time, and Gator has 10 strategies involved in it. You've got Gator 1, which is EMD lending, and double closes. That's Gator 1.0, Gator 2.0, Gator 3.0, all the way through Gator 10.0. I won't go through all of those today. You can go watch another video we'll put it on the screen that describes all of the gator transactions. You can go watch that video a little bit later. But here's what's happening. I've got a girl, her name is Angela. And Angela knows that I do these types of weird, off the wall types of loans. She says, pace, I need $20,000 because I've got three houses that I want to refinance. And I went to my lender and the lender says, no problem, we'll do a refinance for you. You're all approved, everything's good. They go back, they do an appraisal on the properties. The appraisal says, well, there's a couple of problems here. There's. There's about 20 things, I'm sorry, 10 things that are wrong with these properties and that. We don't suggest you do a refinance until this lady Angela fixes these 10 things. So the appraiser tells the lender, here's the list. The lender goes to Angela and says, hey, Angela, you need to fix these things. Angela says, dang it, I don't have $20,000 sitting around to do this, but I know I'll get a big chunk of money in my refinance. So she reaches out to me, she says, I need $20,000. This is what she says to me, okay, check this out. I'll show you the text. You want to see the text? Andre 3K? Make the camera say yes. There you go. Perfect. Okay, hold on a second. Okay, so Angela, she sends me an email this morning actually, and she says, hey, I need $20,000. I'm willing to pay you. Can you see that right there, Andre, 3K? Yeah. $3,000 for 20 grand. So her suggestion was, Pace, if you give me $20,000, I will give you a return for $3,000, which, if you really look at this, is a 45 day return. Does anybody want to figure out what the return on that investment is? I have 45 days, I get $3,000 back. What is my annualized return? Can anybody figure that out? Regina, can you figure that out? You guys didn't know we had a live audience here, did you? You had no clue. 45 days. So how many 45 day increments are in 12 months? You figured out five minutes later. Looks like nobody can do math here. So here's how we figure out the return. Okay? It's 45 days. How many 45 day increments are in 365? So here's what we do. It's how many? Okay, so what we do is we take that $3,000 and we multiply it by 8.1. That means if I did this 8.1 times in a year, I would make how much money? What's $3,000 into $24,000. Okay, cool. Now do me this favor. Take $20,000 and divide it by $24,000. Okay? 183. Oh.83. There you go. All right, thank you. Jared. Jared, we were waiting for you to give us the number, bro. Come on. Okay, so if I did. If I did this eight times in a year, I had eight of these transactions in a year, I would make 121% on my money, right? So this return is actually really good. 121% on my money. What's funny is I said, that return is not good enough for me. That was literally my email. That is funny. Yes. So I replied back. And that's the beauty of these types of loans and these types of transactions is I said, I'm sorry, I do have the capital. I don't. I do have the capital. I could wire it today. But that's not a significant return for me, which is crazy to think about. I already have the opportunity to make 121% annualized return on my money. I replied back, and I said, I'll do it for $10,000. So let's do that math. Okay? What's my math? If I make $81,000 five minutes later. Guys, we don't teach math here, okay? We teach. We teach real estate. We don't teach math. So don't hold this against anybody, okay? So I now I took my no and I turned it into a yes, and I will make 405% annualized return. Now, this is if I did that transaction eight times in a year. But in that condensed time frame of 45 days, my return, if you annualize it, is 405%. It's crazy, okay? You can't do these types of loans by just being a hard money lender. Hard money lenders make 12, 13%. We have the ability making 400%. You give me a million dollars, and I can turn that million dollars into $4 million by the end of the year with these types of loans. Now, why did. Why does Angela need that 20 grand? Because she needs it now. She needs somebody understands these processes, the paperwork, and how to protect myself. Now let's ask what. Any questions we have here. There's always a what if question, Stephanie. By the way, Stephanie's doing a lot of these Types of transactions, you're doing more double closes. I would do more double close than Gator 3. Down the picture. Okay, so she's like I said, guys, there's a video that you can watch that breaks down all the other gator transactions. This is actually a Gator 3.0 transaction. Okay. And Stephanie and her handsome husband are doing Gator 1 and Gator 3. Okay, what's your question? What do you got? So would you on this particular one, I mean, for us, we would probably secure that with some type of lien against the property. Oh, 100%. So here's how. So this is the question that's always going to come up, especially Somebody New on YouTube. They're going to go, but how do you protect, how do you protect your money? Oh, my gosh, the world's gonna fall. First and foremost, it's not my money. I'll go to somebody else and I'll go to somebody else in gator in the community, and I'll go, hey, who has 20 grand that wants to JV with me? You make five, I make five. I'm no money out of the deal, so my return is infinite. You're doing this all the time. You've got a, you've got a double close coming up on this week. Are you using your own money? Okay, I'm telling you guys, there's better ways to make money than out there. Now do I love wholesaling and fixing and flipping? Of course I do. But there's easy ways to make money on these types of. So what I will do is I will make it so if Angela for some reason defaults, if something happens, I will take over this property and I will take over the whole entire thing. So I will, I will have my team. Jade, this is why we have in our community. Andre, you can point over at top tier TC right there we have people in our community that are called top tier TCs. That was Jade. Jade is going to do all the paperwork. Guess what? I don't have to bring. I didn't have to do the deal. This is not me. I don't have to deal with the contractors. Angela does all that. I don't have to deal with the paperwork. Jade does all of that. And I didn't have to bring any money to the transaction. So when people like, how do I make money in real estate without any of my own money, without doing all the hard work? You can do it as being a gator. So hopefully this is helpful for you guys. I'll do a follow up once I get the money back and we'll do like a part two of exactly what it looked like. For those of you guys wanting to get started in Gator, I am doing a training on this Saturday coming up. We'll put a link down for to register down below and we'll see you guys in the training. You guys can ask live questions, all the fun stuff. It'll be in like a zoom format and we'll see you guys over there.










