$65 Million in Rentals and Not One Mortgage | Pat Grace

Most real estate investors are building a portfolio the same way buy, rehab, refinance, and watch their equity get trapped behind the walls of a mortgage while they pay heavy front-loaded interest for years.

Pat Grace built $65 million in rental properties across 200 single family assets doing it completely differently and he does not have a single traditional mortgage. In this episode of The M.O.R.E. Show, Justin Colby sits down with Pat Grace, who discovered a banking strategy used widely in Australia that is almost completely unknown in the United States, and used it to build one of the most liquid and flexible real estate portfolios you will find anywhere. Pat breaks down his BERLOCQ method a line of credit-based approach to real estate financing using simple interest instead of compounding amortized debt and why once you see it, you cannot unsee it.

KEY TOPICS COVERED

Why traditional mortgages trap your equity and cost you far more than most investors realize

The BERLOCQ method explained using lines of credit instead of mortgages to build a rental portfolio

How Pat built $65 million in real estate with $35 million in available line of credit and zero traditional debt

Why simple interest lines of credit beat compounding amortized mortgages every single time

How one investor saved over $1 million in interest just by switching to this strategy

How to get started with lines of credit from your first $750K line to scaling across all 50 states

️ TIMESTAMPS

00:00 — $65 million in rentals with zero mortgages the cold open

00:30 — Introducing Pat Grace