The Thrill of the Deal: Tim Armstrong's Creative Finance Wins

Welcome to a new episode of Get Creative! Today, host Keola Keala is joined by Tim Armstrong, who shares his journey from being a carpenter working on high-end homes to mastering the art of creative real estate investing. In this episode, we dive into how Tim leveraged his background in construction to navigate the competitive real estate market, his approach to creative financing, and the lessons learned along the way. Join us as Tim discusses his first successful deals, the power of persistence, and the importance of community in the world of investing.   Highlights: "If you're on the fence, get off. It's either join or don't join. That part in the middle is the worst place to be."   "You gotta paddle into it yourself. You got to take your lumps, and then you're going to get a ride of your life."   "I didn't realize that I was that persistent, and it's not difficult. Most times it's you talk yourself out of doing something."   "These are the best friends that money can buy, and it's so true. You're part of a community now that wants to do the exact same things that you do."   Timestamps: 00:01 - Introduction to the podcast and Tim Armstrong 02:29 - Transition from carpentry to real estate 04:28 - Attraction to the real estate community 05:47 - Surfing analogy and community engagement 07:35 - Emphasizing persistence in real estate 10:05 - Discussing a specific creative deal 15:36 - Finalizing the deal and key lessons 19:02 - Exploring partial fix and flip strategies 22:35 - Action-based learning and adjustments 26:49 - Financial outcomes of the deal 29:01 - Biggest lessons learned from the experience 32:38 - Tim's advice for those new to real estate   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby