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Wholesale Hotline | Brent Daniels

No Money Down Real Estate Investing -- Follow This Game Plan To Your First Subto Deal | Subto Breakout

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Business, Investing

4.9 β€’ 586 Ratings

πŸ—“οΈ 15 December 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby sits down with Joseph Marone to break deal a no-money down, no credit check, creative deal.

Show notes:

  • Joseph's background and how he got into creative real estate.
  • How to find your "avatar".
  • Joseph breaks down a deal.

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🚧🚧🚧 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 two breakhouse with place more beyond the wholesale hotline podcast.

0:13.0

Hey guys, I've got Joseph Marone with me today. We are going to be talking about a sub two deal that he did out of state.

0:19.7

A lot of people don't think that you can do deals

0:21.9

out of state when you're just starting in this business. So we're going to talk about his deal,

0:26.1

how he did a no money down, no credit check, no credentials, meaning he didn't have to go to the

0:31.6

bank, he didn't have to use any tax returns, bank statements, credit report, any of those types

0:37.2

of things to get a property

0:38.8

where the owner essentially hands the keys over to him.

0:43.0

That's the beautiful thing about creative finance.

0:45.1

These types of things happen all the time.

0:47.0

And he gets to adopt or inherit is probably a better word for tenants that were already in place.

0:53.5

So no renovation needed and

0:55.5

no need to have an empty house when you first buy it, which a lot of times we buy properties

1:00.7

subject to and I turn around and I've got to find a tenant. Joseph inherited four of them.

1:07.1

Joseph, what's up, brother? How you doing? Man, what's going on, Pace? How's everything going?

1:11.8

It's good, man. I love that you got a good microphone.

1:13.9

You wouldn't believe how many people I have come on here that are like using their Android phone that has a dead battery on it, you know?

1:19.9

Absolutely.

1:20.7

I love that you take it seriously.

1:21.9

So, Joseph, tell me about yourself, bro.

1:24.3

Have you been doing creative deals since birth or like, how did the, how did this

1:28.2

journey start, dude? So I started in sub two about four months ago, believe it or not. And that's

...

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