Pace Morby's Book, Wealth Without Cash: Worth Reading Before SubTo?

By Mike Calloway · Last Updated: November 12, 2026 (Price & Content Verified)

Pace Morby’s book is called Wealth Without Cash, and it costs $26.99.

His main program, SubTo, costs $9,800.

Same guy. Same strategy. A price difference of about 363 books.

So here’s my short Pace Morby book review: if you’re thinking about SubTo, read this book first. It’s the cheapest way to hear his approach straight from him.

But there’s one thing the book can’t do for you, and it’s the thing that matters most once you close your first deal.

I’m Mike. I’ve owned rentals, done flips, and bought enough real estate books to level a wobbly kitchen table. I’m not affiliated with Pace, SubTo or BiggerPockets.

Why Most Real Estate Courses Suck

What is Pace Morby’s book?

The full title is a mouthful: Wealth Without Cash: Supercharge Your Real Estate Investing with Subject-To, Seller Financing, and Other Creative Deals.

Here are the basics, from the BiggerPockets store listing:

BiggerPockets is a big name in real estate investing education. Getting published there isn’t nothing.

What does Wealth Without Cash cover?

The subtitle tells you: subject-to, seller financing, and “other creative deals.”

That’s the same territory SubTo teaches. SubTo’s homepage describes itself as “A PEER COMMUNITY FOR CREATIVE FINANCE,” built around subject-to and seller finance.

I’m not going to summarize the book chapter by chapter. Partly because that’s what you’d be paying the $26.99 for. Partly because Pace explains his own strategy better than I’d explain it secondhand.

Here are the two big ideas in plain English, using SubTo’s own definitions:

• Subject-to: you take the deed, the seller’s existing mortgage stays in the seller’s name, and you take over the payments.
• Seller finance: “the seller is the bank.” You sign a note and pay the seller directly.

If those two sentences made you lean forward, the book will feel like a long, energetic version of them.

If they made you squint, also good to know. That’s a $26.99 lesson instead of a $9,800 one.

Who blurbed Wealth Without Cash?

The endorsements on pacemorby.com read like a real estate conference lineup:

• Grant Cardone
• Dean Graziosi
• Jamil Damji
• Codie Sanchez
• Jordan Belfort
• Graham Stephan

That’s a lot of star power for one hardcover. It’s like your cousin’s wedding somehow getting six food trucks.

Here’s how I read celebrity blurbs, on any book: they tell you who the author knows. They don’t tell you whether the strategy fits your life.

One of those names, Jamil Damji, is Pace’s co-host on A&E’s Triple Digit Flip. Here’s whether that show is real, and here’s how their two programs compare.

The number on the cover blurb

The 2023 book blurb says Pace has done “1,000+ properties and $150 million.”

His A&E bio from 2021 said “over 32 million dollars in buy and hold properties,” with his partner. His site now says “over $450M in real estate assets.”

Three sources, three different numbers. I dug into that on my Pace Morby page. Short version: those are asset numbers, not net worth, and nobody reputable publishes his net worth.

Is Wealth Without Cash worth it?

Yes, if you’re seriously considering creative finance. Here’s the fair breakdown.

That second con isn’t a knock. Every author with a course writes a book that makes you want the course. That’s the job of the book.

It’s the free sample at Costco. It’s genuinely good. It’s also standing next to the giant box.

The part a book can’t fix

Every subject-to deal has the same trapdoor, no matter how well you read.

The mortgage stays in the seller’s name. That loan almost certainly has a due-on-sale clause. Federal law lets the lender call the whole balance due when the house is sold, and a sale to an unrelated investor isn’t one of the exemptions.

The lender may call it. Not must. Subject-to is legal, and due-on-sale is a contract risk, not a crime.

But if the call comes, you need to refinance at today’s rates, pay it off, or sell. And you’re still the landlord for every 2am water heater along the way.

Even SubTo’s own site admits “No money down doesn’t mean no money.”

I’m not a lawyer, and this isn’t legal advice. Talk to a real estate attorney in your state before you sign anything.

More in subject-to risks nobody mentions.

Who should read Wealth Without Cash?

Honestly? Most people who searched “Pace Morby book.”

Here’s who I think gets the most out of it:

• The SubTo-curious. You’ve watched the YouTube clips, the application form is open in another tab, and your cursor is hovering. Close the tab. Read the book. Then decide.
• Agents and investors who get creative-finance offers. Even if you never do a subject-to deal, it helps to understand what the person across the table is proposing.
• Homeowners thinking about selling subject-to. If someone offers to “take over your payments,” you should know exactly what that means for the loan in your name. Homeowners on Reddit’s r/RealEstate warn each other about these offers for a reason.

And here’s who can probably skip it: anyone who already knows they don’t want to be a landlord.

No book changes that. I’ve tried. I once read three books on rental properties in a single month, hoping one of them would make me excited about tenant screening. None did.

Is the book just an ad for SubTo?

Partly. Every book by a course seller is, a little.

But a $26.99 ad you can read on your couch, with no salesperson asking about your savings, is the best kind of ad there is. You get the information without the pressure.

That’s a good deal. I’d take it.

Book vs SubTo: what are you actually paying for?

Look at that last row. It doesn’t change.

SubTo adds community, coaching and help on deals. That’s real value for some people. But the house, the stranger’s loan and the due-on-sale clause are yours either way.

Price details and the refund fine print are on my SubTo cost page, and the full picture is in my Pace Morby review.

My take on Pace Morby’s book

Buy the book before you buy the program. That’s my whole review in one sentence.

If you finish it and you’re fired up to own houses on other people’s loans, you’ll walk into SubTo informed.

If you finish it and think, hmm, I don’t actually want to be anyone’s landlord, then you just saved $9,773.

And there’s another kind of real estate to look at. No mortgage, no tenant, no seller, no title company. Just a website that ranks on Google and gets rented to a local business that wants the phone calls.

You found this page on Google. That’s the proof.

What I'd Do Instead of SubTo