Subject2 Investing: Wholesaling Sub2 Deals
Hey everyone! So tonight I wanted to conclude the guest series on Subject2 investing with Nick Johnson. I asked him to do a video for us today and asked him to talk about wholesaling Sub2 deals. You’ll probably need to turn your volume up, but listen closely and feel free to post any questions you have for Nick in the comments. I wanted to take a moment to thank Nick for sharing a lot of great information with my blog readers – thanks Nick!
If you missed any other part of the series, you may want to review them first:
Subject2 Investing: An introduction
Subject2 Investing: Finding Deals & 2 Key Questions to Ask Sellers
Subject2 Investing: Land Trusts and the Due on Sale Clause
Also, if you want to learn more about Subject2 investing, I encourage you to check out Nick’s e-book. I have a copy myself and so far, so great so I’m happy to be an affiliate partner! 
I will be finishing it up over the next couple weeks.
By the way, my friend Scott Costello is playing Santa Claus and running an awesome Holiday Giveaway on his blog all week. Several people have donated real estate education products for the giveaway. Both Steph Davis and Nick Johnson have donated copies of their ebook. I donated a copy of The Go-Giver book autographed by co-author Bob Burg. Scott donated a copy of Steve Cook’s rehabbing course. Plus lots more goodies. Good stuff you guys – and FREE! Go over to his blog, check it out, and win something ok?
Related posts:
- Subject2 Investing: Finding Deals & 2 Key Questions to Ask Sellers
- Subject2 Investing with Nick Johnson
- Subject2 Investing: Land Trusts and the Due on Sale Clause
- Holiday Marketing Tips and Other Updates
- Promoting mentor’s deals – building buyers list
Category: Books I Recommend, Subject2 Investing
Damn! I am sexy
even with my permanently busted lip lol!!!!
Nick Johnson´s last blog ..Subject2 Marketing, New vs. Old
Nick, nice video premier!
Shae and Nick I really appreciate you guys putting the sub2 posts together. It’s been really beneficial. I’ll have to study up on it some more but it sounds like a good strategy to include when attempting to wholesale a property.
Brian Hobbs´s last blog ..Hello!
W00t! Great job on the video, Nick!
Thanks to both of you for putting this series together. Good stuff.
Steph´s last blog ..Deals and Toastmasters. And Stuff.
Great Job!
Great information… Great site… Great people.
Shae… keep it coming!
Very informative, great video!
Thanks everyone for the comments (and Nick, you’re hilarious!)
Nick, I do have one additional question for you….how do you respond to seller objections such as:
“What happens if you don’t make the payment?”
“Why should I trust you?” (I guess that’s essentially the same as the above question)
“I want to buy another house. Will I be able to do that if I still have this mortgage in my name?”
Thanks again Nick for a great series! I’m glad that you let me twist your arm to do your very first video!
Wow Shae and Nick,
Nice work.
Thank you Shae!
I really appreciate this video. You give me hope! Subject2 wholesaling will work for me! Now, how do I go about getting leads without spend much money. Doing one deal can give me the money I need to do a mailing. But how do I find that first deal for free or llittle out of pocket expense?
@Shae, your question will require a little more than a comment. I’ll create another post, or it’s possible that I’ve already covered that so I’ll see if I can find it and direct you to it.
@Wendy, here’s the thing about that, you MUST be willing to spend ’some’ money on advertising. A lot of your Sub2 leads will come to you through your regular advertising, you just have to be able to recognize it as a Sub2 deal when it does present itself.
There are free resources available to you like the all famous Craigslist.com, Backpage.com etc…. You could also check out the FSBO.com type of sites where private sellers ‘attempt’ to sell their house, call them and work it.
So, long story short is, there is a million ways to do it free or for little money but really, it’s not anything different than what you either should be or already are doing, you just need to focus on recognizing them as a Sub2 possibility when it presents itself.
Nick Johnson´s last blog ..Subject2 eBook
I just wanted to update you really quick. I’m collaborating with a mortgage broker friend of mine to answer your question(and everyone elses) about the seller getting a new loan.
With the lending industry completely different now a days, instead of giving out the standard answer, I decided to reach out and get an expert to chime in. I’ll let you know as soon as he puts together the info I requested.
Thanks Nick! Appreciate it!
Nick,
Just wondering if you have an update in reference to the mortgage broker friend and his response to when sellers ask if they will be able to get another loan?