Sub2 Deals

 

Sub2 Deals with William Tingle (Episode #364)

 

Quote:

“The biggest advice I could give with regard to just real estate investing, in general, is to learn something and then do something with what you learn.”

Show Notes:

In this episode, we are joined by William Tingle.  William Tingle is the Creator of Sub2Deals.com & Host of The Sub2Deals Show Podcast.  He is a nationally-known real estate investor, investing coach, author, and public speaker.  William had worked in the restaurant business for almost 20 years when in 1999, he ordered a Carleton Sheets Nothing Down course off of a late-night TV infomercial. He read it and took a $5000 advance from a credit card to start his real estate investing career. Exactly one year later he quit his job for good, paid the credit card off, and has to this day never used a penny of his own money for investing.

For over 10 years he operated a real estate business where he wholesaled and rehabbed numerous properties each year but found his real niche in what he calls “Sub2”, buying subject to existing financing. To date, he has taken the deed on over 500 properties, and even though he “retired” in Belize in 2010, he still continues to buy 20 to 25 properties a year in this manner in select markets throughout the United States.  He has trained and coached countless students all over the country to become financially successful real estate investors.

Let’s tune in to his story!

 

[00:01 – 06:53] Opening Segment

  • Get to know my guest William Tingle
  • William shares his life and career prior to real estate investing and how he got into it
    • It all began with Carleton Sheets
    • Why wholesales and rehabs were not for William

 

[06:54 – 15:30] Sub2 Deals

  • How Sub2 became William’s most preferred creative finance type
  • Pitching Sub2 Deals for Beginners
  • William’s Sub2 Property Rules and Criteria

 

[15:31 – 28:53] Sub2 Deal Secrets

  • Changing times, changing terms for new investors
  • William talks about their 12-Houses Blueprint
  • How William deals with people with less than $25k credit
  • Why You Should Utilize Licensed Local People

 

[28:54 – 31:34] Closing Segment

  • William shares his last pieces of advice

 

Connect with William through YouTube and Instagram.  Check out Sub2Deals.com and The Sub2Deals Show Podcast and join him as he shares the knowledge he learned in almost 20 years of buying and selling the sub2 way.

Thanks for tuning in!

 

Want to Learn More?

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Resources Mentioned

 

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