How He Made $60K In A Month Wholesaling | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 12 January 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby interviews student Andrew on how he was able to scale up to $60K per month.
Show notes:
- The power of using creative finance to get lower interest rates.
- Pace and Andrew break down a deal and why he was able to close it.
- How Andrew pulled off a deal with no experience.
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️
Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:
✌️ https://shor.by/pace-youtube ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: https://www.pacejmorby.com/assignment...
📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...
📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling
📑 FREE cold texting script: https://www.pacejmorby.com/text
📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure
📑 FREE disposition checklist: https://www.pacejmorby.com/dispo
📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping
📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water
📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos
📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller
📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...
📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
👽✌️ Learn from Pace and Cody 👽✌️
🔸Follow Pace on IG: https://www.instagram.com/pacemorby
🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk
🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service
🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST
🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST
⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to the Sub 2 Breakhouse with Pace More Beyond the Wholesale Hotline Podcast. |
| 0:11.2 | All right, so this is a story about a fourplex that I just purchased, put into my portfolio. |
| 0:18.6 | Tenants are in place. In a part number two, we will |
| 0:22.2 | be breaking down the numbers on this deal. Now, I talk a lot about how I don't use any credit. |
| 0:28.4 | And that is true, okay? That is 100% true. There's no credit used. Nobody, my partner, my |
| 0:34.8 | wife, nobody uses credit on these deals, which is amazing. |
| 0:38.0 | So absolutely no credit. |
| 0:39.5 | I don't have to have credentials. |
| 0:41.1 | What are credentials, guys? |
| 0:42.3 | They are a W2. |
| 0:44.9 | I could be a 1099 salesperson. |
| 0:46.9 | I could be a real estate agent. |
| 0:48.1 | In this story, you will hear that there is cash used. |
| 0:52.2 | It's just that it's none of my cash. None of my cash was used for this deal. |
| 0:56.4 | But the main objective is to answer these seven questions. Why would the seller let us take over |
| 1:01.4 | which is a sub two deal that has a 2.9% interest rate. Guys, we are heading into 2024 right now. |
| 1:10.1 | Interest rates right now, if I went down to Bank of America, Chase, Loan Depot, Rocket |
| 1:15.0 | Mortgage, I'm probably getting an 8 to a 9% interest rate as an investor. |
| 1:21.3 | And as a homeowner, I'm probably getting a 6.5 to a 7.5% interest rate. |
| 1:27.2 | How are we getting 2.9%? Well, subject to. This strategy we're |
| 1:32.4 | going to talk about also works in every market. Up down, left, right, doesn't matter what's |
| 1:37.8 | going on in the market. You'll be able to get those types of deals. So what we're going to do |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wholesale Hotline, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wholesale Hotline and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.