"Unlimited Funding" by Marko Rubel

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"Unlimited Funding" by Marko Rubel

Wendell De Guzman
Investor · Chicago, IL · Member since 2013 · 2k+ posts · 1k+ votes

Has anyone heard of him or does anyone here implemented his strategies? How did it work? What is it precisely? Is it "subject to" and then you sell the house on lease options?

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Will BarnardPro Member
Moderator
Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
13y

none of these techniques or strategies are any secret and all of them can be learned for free right here on BP. Save your money for an actual investment rather than some pretty packaged secrets that are not really secrets!

Podcast Guest on Show #130
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  • Dennis Estenson
    Real Estate Investor · San Diego, CA · Member since 2013 · 13 posts · 17 votes
    13y

    I've heard of him... thinking about getting his system. But I'm still not sure if I will though. From what I can tell, all 7 of his unlimited funding strategies are legitimate strategies that people can do: mostly subject to, some lease options, some short sales. He definitely exaggerates how easily it can be done. And the time he says per deal doesn't include all the deals that didn't get done. So he might say someone made $15k in 3 hours on a single deal, but he doesn't mention that you will spend many hours on more deals that never end up closing.

    4Reply
  • Wendell De Guzman
    OP
    Investor · Chicago, IL · Member since 2013 · 2k+ posts · 1k+ votes
    13y

    Thanks Dennis for your quick response. I won't get his system though as I have done all the strategies you mentioned.

    1Reply
  • Dennis Estenson
    Real Estate Investor · San Diego, CA · Member since 2013 · 13 posts · 17 votes
    13y

    If you've watched the "webinar" he mentions the 7 strategies, but runs through them quite quickly. I wrote down my impression of what these 7 strategies actually are and when I get home from work tonight, I can post them here. I don't remember them all off the top of my head though.

    2Reply
  • Shuai Zeng
    Investor · Los Angeles, CA · Member since 2012 · 108 posts · 23 votes
    13y

    I be intentrested to see what they are also.

    2Reply
  • Dennis Estenson
    Real Estate Investor · San Diego, CA · Member since 2013 · 13 posts · 17 votes
    13y

    Ok, in the "webinar" video, Marko mentions the following tactics:

    0-Down: purchase for the amount owed on the existing loan using sub2.

    Paid2Buy: purchase for less than the amount owed on the existing loan using sub2.

    Note4Equity: purchase for more than the amount owed on the existing loan using sub2, but have owner financing cover the difference.

    Cash4Deed: purchase for more than the amount owed on the existing loan using sub2, and pay cash to cover the difference.

    Reinstatement: purchase a house in (pre?)foreclosure using sub2, paying cash to the lender to bring the mortgage current and prevent foreclosure.

    PJL: paying junior liens, short sale junior liens, not sure what happens to primary (sub2?).

    Assign2Buyer: "wholesale sub2" (not sure what that means exactly)

    There may be more to all these "strategies", but that's what's covered in the sales webinar video.

    10Reply
  • Will BarnardPro Member
    Moderator
    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    13y

    none of these techniques or strategies are any secret and all of them can be learned for free right here on BP. Save your money for an actual investment rather than some pretty packaged secrets that are not really secrets!

    Podcast Guest on Show #130
    14Reply
  • Wendell De Guzman
    OP
    Investor · Chicago, IL · Member since 2013 · 2k+ posts · 1k+ votes
    13y

    @Dennis Estenson, thanks for posting the different strategies that Marko Rubel teaches.

    I agree with @Will Barnard: all of these strategies are not new and being done by folks here all over BP. Congrats by the way Will on your podcast. But the iPad being better than sex? Come on :-)

    1Reply
  • Will BarnardPro Member
    Moderator
    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    13y
    Originally posted by Wendell De Guzman:
    @Dennis Estenson, thanks for posting the different strategies that Marko Rubel teaches.

    I agree with @Will Barnard: all of these strategies are not new and being done by folks here all over BP. Congrats by the way Will on your podcast. But the iPad being better than sex? Come on :-)

    OK, I exaggerated a bit, it was all I could come up with on the spot at the time other than the standard "since sliced bread!" which I did not want to use.

    Thanks for listening to the podcast glad you are enjoying it.

    Podcast Guest on Show #130
    0Reply
  • Cheryl Lebert
    Real Estate Investor · Sunrise, FL · Member since 2013 · 37 posts · 7 votes
    12y

    will is right about now "iPad better than sex". I have not put my IPad down since I joined Bp. I'm amazed on all the knowledge here for free. I listen to Markova Continue and Than Merrill and all wanted so much $$$. So free knowledge to gain success is better than sex lol. Ty you all for your info.

    3Reply
  • Cheryl Lebert
    Real Estate Investor · Sunrise, FL · Member since 2013 · 37 posts · 7 votes
    12y

    *Marko and Peter Conti See I'm so excited I can't even type lol

    1Reply
  • Bill Gulley
    Investor, Entrepreneur, Educator · Springfield, MO · Member since 2009 · 21k+ posts · 12k+ votes
    12y

    Well Cheryl, I've always aimed to please, hope you enjoy it all. :)

    If there is anything you need to know in any of those aspects, just ask!

    When you look at different guru systems as individual techniques things can be overwhelming and seem complicated.

    RE flows like music. You can't play all songs on any one instrument. If you play trumpet, there are many songs you can play but you won't be invited to play with some blue grass band. You need to learn music theory, you may not like classical music but it is the foundation for all types of music. Your goal should be to be the conductor or composer not just a trumpet player. After you understand the role, the sound, the mood and excitement that each instrument may invoke you can then orchestrate them together to express the music you want or play anything.

    You really need to learn RE from the beginning of conventional teachings not in parts trying to go from niche to niche.

    It's really quicker to learn RE by building a good foundation to build on. You'll quickly see the pieces come together.

    For example, the Sub-2 aspects mentioned appear to be broken down in several categories, they aren't really. They are combinations of different transactions blended into one type, cash or seller financing paying for equity, buying with trade offs, having the seller retain debt, one aspect not mentioned is trades for equity. The basic transaction is buying subject to an existing lien, the rest is attacking ways to manage equities or liabilities.

    Save your money, there is nothing new in types of RE transactions. :)

    7Reply
  • John Beck
    Hudson, MA · Member since 2013 · 22 posts · 12 votes
    12y
    I've dealt with this guy and listened to his marketing gig. He attempts to sell his products without giving you any specifics. You ask for the specifics and you're told to buy his scam. This is where I drew the line. I simply asked a question and was told in order to get an answer it was going to cost me $1k. He claims he wants you to be a partner on deals that you can't get done financially. After some good ole google research I found out he hasn't partnered with anyone. His business model is selling his "knowledge" to people. Luckily during my "google" investigation I somehow found the BP site which is totally free and painless. I've learned more in the past week than I had with listening to all of Markos webinars.
    7Reply
  • Matt B.
    Investor · Vincennes, IN · Member since 2013 · 223 posts · 108 votes
    12y
    Originally posted by @Bill Gulley:

    RE flows like music. You can't play all songs on any one instrument. If you play trumpet, there are many songs you can play but you won't be invited to play with some blue grass band. You need to learn music theory, you may not like classical music but it is the foundation for all types of music. Your goal should be to be the conductor or composer not just a trumpet player. After you understand the role, the sound, the mood and excitement that each instrument may invoke you can then orchestrate them together to express the music you want or play anything.

    That is beautiful.

    3Reply
  • Steven Stokes
    Specialist · San Francisco, CA · Member since 2013 · 227 posts · 158 votes
    12y

    @Wendell De Guzman

    I purchase a lot of this stuff and honestly nothing new has been said since the 80's haha just kidding but only slightly.

    Almost everything you don't know can be google'd and there are no silver bullets, secret methods, or hidden knowledge that a few investors are quietly using to make millions of dollars even though I receive one of those types of emails literally everyday from someone.

    There's a saying that goes, "Everything that can be said, has been said but not everyone has said it yet." And that's what you are buying.

    It's all out there somewhere.

    Good luck :)

    2Reply
  • Bill Gulley
    Investor, Entrepreneur, Educator · Springfield, MO · Member since 2009 · 21k+ posts · 12k+ votes
    12y

    Well, thank you, but the problem is, everyone wants to be a trumpet player and make a million or two, without any effort. What made them think that, are people really that naïve? :)

    1Reply
  • Brian Hart
    Indianapolis, IN · Member since 2014 · 4 posts · 0 votes
    11y
    0Reply
  • Will BarnardPro Member
    Moderator
    Developer · Santa Clarita, CA · Member since 2008 · 15k+ posts · 10k+ votes
    11y
    Originally posted by @Brian Hart:

     I don't personally know what strategies this guru knows or teaches, however, of the ones mentioned by others in this thread, it is actually only one strategy with several options added as Bill more eloquently pointed out.

    As to where you can find the info on BP, there is not one specific spot, you will have to put forth some effort to search and read through a number of threads. Use the BP search function for "sub to" and "sub2". You can also go to your profile and enter key word searches using those same terms and every time someone types them in a forum thread, you will be alerted. Throughout all the threads in which subject to is discussed, you are bound to find enough info to get you started and beyond.

    Podcast Guest on Show #130
    4Reply
  • Raul Martinez
    Real Estate Investor · North Miami Beach, FL · Member since 2014 · 12 posts · 13 votes
    11y

    I agree, BP has a lot of great info and this is the BEST website I’ve found the most helpful for investors. With enough patience and effort, you can pretty much learn it all here.

    But, I disagree with a few of the above posts. What it all comes down to is your level of engagement in REI. If you are where I was and figuring it out myself wasn't an option, there's nothing wrong paying for information if it means saving on time and mistakes to hit the ground running.

    As far as Marko Rubel’s system goes, I got all his stuff, and it is worth every single penny. The info and training really go far beyond single-page articles and internet blogs. It’s the little details that would have taken just too many deals and mistakes to figure it out myself.

    12Reply
  • Laura Human
    Oak Park, IL · Member since 2015 · 1 post · 4 votes
    10y

    Hi, I am absolutely newbie and just starting to learn. My opinion about Marko Ruble is he is an excellent teacher. It's like when you in a math class. There is nothing new in  trigonometry, but one teacher can explane it so it sounds clear and simple, the other one you have no idea what he is talking about. This forum is awesom but I was glad I purchased the book by Ruble.

    4Reply
  • Terry Giancaterino
    Investor · Houston, TX · Member since 2015 · 4 posts · 4 votes
    10y
    Originally posted by @John Beck:

    I've dealt with this guy and listened to his marketing gig. He attempts to sell his products without giving you any specifics. You ask for the specifics and you're told to buy his scam. This is where I drew the line. I simply asked a question and was told in order to get an answer it was going to cost me $1k.
    He claims he wants you to be a partner on deals that you can't get done financially. After some good ole google research I found out he hasn't partnered with anyone. His business model is selling his "knowledge" to people. Luckily during my "google" investigation I somehow found the BP site which is totally free and painless. I've learned more in the past week than I had with listening to all of Markos webinars.

     When I realized it was a scam was when he said he will sell you his testimonials. He probably bought them himself and I thought testimonials were illegal unless they were true, I guess they were true to a previous person. 

    0Reply
  • Richard Fields
    HVAC mechanic · Philadelphia, PA · Member since 2015 · 241 posts · 57 votes
    10y
    Originally posted by @Raul Martinez:

    I agree, BP has a lot of great info and this is the BEST website I’ve found the most helpful for investors. With enough patience and effort, you can pretty much learn it all here.

    But, I disagree with a few of the above posts. What it all comes down to is your level of engagement in REI. If you are where I was and figuring it out myself wasn't an option, there's nothing wrong paying for information if it means saving on time and mistakes to hit the ground running.

    As far as Marko Rubel’s system goes, I got all his stuff, and it is worth every single penny. The info and training really go far beyond single-page articles and internet blogs. It’s the little details that would have taken just too many deals and mistakes to figure it out myself.

     Hi Raul

    I was considering getting Marko Rubels system, but I don't want to spend money for it and then be told to learn the WHOLE system I have to join his $14000 diamond club or pay $350 per month for his teachings. Is there something I can purchase from him ONE time with no upsells and learn the whole system?

    2Reply
  • Pascale Jean
    Chicago, IL · Member since 2016 · 7 posts · 9 votes
    10y

    Great information everyone, prior to joining BP, I signed up to get more information from all "Gurus" like:

    Marko Rubels

    Joe Crump,

    Chris Bruce

    Sean Teary

    Steven Howell

    Susan Lassiter-Lyions

    Jay Connor

    Ron Legrand

    Jerry Norton

    Justin Williams

    Danny Johnson

    Jason Lucchesi

    Chris Clothier

    Purchased E-books from Amazon by:

    Tyler Hicks

    James Marki

    Washington Green

    Dave Canton

    Greg Reed

    Preston Ely

    Rober Herrera

    Than Merrill

    Aarpm Rpse

    Bary Kuekes

    Lex Levinrad

    Matt Andrews

    Phil Putejovsky

    All I got so far is a big fat headache and not knowing which way to turn to get started or get ahead.  I'm was all over the place with information overload until I joine BPP.  BP appears to be the only thing that's forcing me to change my focus and take action.  After joining BP, I decided to focus on Wholesaling first, then try my hands at buy and hold for some passive income, and some fix and flips.  All I need now is an automated follow up system that turns cold leads into warm ones and all will be right with the world.  I thought about purchasing Joe Cump's automated system but I'm just not quite sold on spending $199 a month for his system quite yet.  Anyone willing to offer up a great first step will be greatly appreciated.  I'm a hard worked and am not afraid of learning butt as you can see from the information above, I have a tendency to over do the learning part.  All I want to do is learn from real people, that are truly doing the deals like what I've seen so far from folks like you in the BP community.

    3Reply
  • Charles Pernell
    Houston, TX · Member since 2014 · 1 post · 0 votes
    10y

    Does anybody have any recent information on josh cantwell 40k flips? It looks like something that could get a new beginner in real estate in the right direction but it is $997 for his course. Is this a good idea anybody?

    0Reply
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    @Pascale Jean  real estate Is not that complicated.. start with getting a RE license go work for a good commercial broker or retail broker.. earn while you learn..

    wholesaling is very tough with about a 97% failure rate.. also what is buy and hold going to do for you say your lucky enough to buy 1 or 2  and they make 200 a month that's a whopping 400 a month.. most need some sort of career and make money usually in their day job then invest.  the wholesale route and much of what is talked about here on BP for beginners is an absolute waste of time and energy its just another form of all those folks you mentioned above.. only difference you get it for free by reading on line.. if you want in the industry get into it..

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    7Reply
  • Pascale Jean
    Chicago, IL · Member since 2016 · 7 posts · 9 votes
    10y
    Originally posted by @Jay Hinrichs:

    @Pascale Jean  real estate Is not that complicated.. start with getting a RE license go work for a good commercial broker or retail broker.. earn while you learn..

    wholesaling is very tough with about a 97% failure rate.. also what is buy and hold going to do for you say your lucky enough to buy 1 or 2  and they make 200 a month that's a whopping 400 a month.. most need some sort of career and make money usually in their day job then invest.  the wholesale route and much of what is talked about here on BP for beginners is an absolute waste of time and energy its just another form of all those folks you mentioned above.. only difference you get it for free by reading on line.. if you want in the industry get into it..

     Thank you

    1Reply
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