Unlocking Real Estate Success Through Creative Financing: An Interview with Voit Thornton
In the ever-evolving world of real estate, creative financing has become a game-changer for both new and seasoned investors. By leveraging alternative financing strategies like subject-to deals and seller financing, investors can open up opportunities that traditional mortgages may not offer. In a recent interview, I had the privilege of speaking with Voit Thornton, a real estate investor from Arizona and a member of SubTo and Owners Club. Voit’s journey from a traditional mortgage loan officer to a creative real estate investor highlights the powerful impact of SubTo’s innovative financing strategies. Here’s a breakdown of our conversation and the key takeaways from Voit's experience.
Voit’s Start in the Mortgage World
Voit Thornton’s journey into real estate began in the world of traditional mortgages. He started his career as a mortgage loan officer, working with large institutions like Wells Fargo and Rocket Mortgage. With years of experience, Voit was familiar with the ins and outs of conventional mortgage lending. However, he quickly realized the limitations of the traditional approach.
“I’ve worked with so many people who were denied mortgages because of their credit, income, or lack of assets,” Voit shared. “We would have to tell them, ‘Come back in six or nine months, and we’ll reassess.’ It was frustrating because I knew there had to be a better way.”
That “better way” came when Voit discovered SubTo and the concept of creative financing.
Discovering SubTo and Creative Financing
Voit’s introduction to SubTo happened while searching online for better financing solutions. He stumbled upon a video by Pace Morby, the founder of SubTo, who was talking about using LLCs and creative financing strategies to structure deals in real estate.
“Pace went super in-depth about how he was using his LLCs and creative financing,” Voit explained. “I was intrigued right away. The more I learned about seller financing and subject-to deals, the more it made sense. So, I jumped right into the SubTo program.”
SubTo, for those unfamiliar, is a community and mentorship program that teaches real estate investors how to use creative financing strategies. These strategies include subject-to (taking over an existing mortgage), seller financing(where the seller acts as the lender), and other non-conventional methods to close deals without needing traditional bank loans.
The Power of Creative Financing
Voit’s leap into SubTo has paid off in more ways than one. By learning how to leverage creative financing, he has been able to close deals that traditional financing would not have allowed.
“I was used to the linear, traditional mortgage process,” Voit said. “But with creative financing, I saw how we could help people who didn’t qualify for a mortgage in the traditional sense. It opened up a world of possibilities.”
In particular, Voit highlighted the benefits of subject-to deals. In these transactions, an investor takes over an existing mortgage, allowing the seller to walk away from the property without the burden of the mortgage, while the investor gains control of the asset without needing to secure their own loan. This strategy, along with seller financing, allows investors to structure deals that work for both parties, regardless of credit scores or large down payments.
Building a Vision: Helping 50,000 Youth Achieve Financial Literacy
While Voit is building a successful real estate portfolio, his goals stretch beyond personal profit. One of the most inspiring parts of our conversation was hearing about his “Mount Everest”—a long-term goal to help 50,000 underprivileged youth achieve financial literacy.
“My personal mission is to educate young people, especially those who come from disadvantaged backgrounds, about financial literacy,” Voit shared. “I want to help them understand credit card debt, loans, and how to manage money.”
Voit is passionate about filling the gap in the education system when it comes to teaching practical life skills, particularly around finance. He envisions creating courses, Zoom workshops, and resources that can be implemented in schools to teach students about money management and credit utilization.
“If I had learned these skills earlier in life, I would have made different financial decisions,” Voit said. “I want to make sure the next generation has the tools they need to succeed.”
Scaling the Real Estate Business and Community Impact
Voit’s involvement in the SubTo community has not only advanced his personal and professional goals but also provided him with valuable connections. In fact, Voit shared how his SubTo network has opened doors for joint ventures and other business opportunities.
“Within the SubTo community, there’s always someone to collaborate with,” Voit said. “We’re working with wholesalers, RV park operators, and even comping systems for dispositions. There’s always someone who can help, and we’re always open to working with other members.”
As Voit continues to grow his real estate business, he’s focused on connecting with more wholesalers to scale his business and bring in more buyers for single-family and multifamily properties.
领英推荐
The Future: Combining Real Estate and Education
Looking ahead, Voit’s vision is to create a synergy between his real estate ventures and his mission to help young people achieve financial literacy. One way he plans to do this is by potentially launching a fund where participants in his financial literacy programs can invest in real estate.
“I’ve been thinking about creating a fund of funds, similar to what we’ve done in SubTo,” Voit explained. “This could be a way for the young people who complete our financial literacy program to start investing. They’ll learn how to manage money, and then they can invest in real estate with us.”
This idea of combining education with real-world investment opportunities is an innovative way to both educate and empower the next generation of investors.
Final Thoughts: The Power of Community and Education
Voit Thornton’s story is a powerful example of how creative financing can unlock new opportunities in real estate and how community support can drive success. His journey from a traditional mortgage loan officer to a real estate investor using subject-to and seller financing strategies has opened the door to not only personal success but also a broader mission to help others.
If you’re interested in learning more about how creative financing can transform your real estate business, Voit recommends checking out the SubTo community.
“SubTo has been a game-changer for me,” Voit said. “The mentorship, the community, and the education you get are invaluable. If you want to start closing deals without relying on traditional bank loans, SubTo is the place to be.”
You can follow Voit’s journey on social media at @VoitThornton, where he shares insights on real estate, financial literacy, and his ongoing mission to educate and empower others.
Join subto:
Do it yourself: Access $100k+ of business credit:
Done for you: Access $100k+ of business credit:
Real Estate Investor (Subject To, Seller Finance) | Personal Finance
1 个月Dustin thanks so much for the opportunity!! I know you’re doing amazing things. Congratulations on your recent panel discussion with Pad split. Thank you ???? !!!