no idea how to use reason, but i got the theory. low cut the bass, and play with the attack on the cut
Most people say this, reason has a tendency to say "computer says no". the attacks to smooth and you're forever automating it to bend into the peak of the filter. I'd recommend using a standalone synth and re-sampling it into reason mate!
Also if your using Reason 4.0, Thor is an excellent tool for twisted bass.
Open Thor > Right click initilize patch > have 2 analog Osc's running(click the number 2, to make it red).
Open a filter on filter 3, use combi for now. make sure + is selected.
On LFO 1 set it to sync, 3/16, no delay for now.
On the bottom set source - LFO1, and destination - Filter 3 Freq'. Fiddle with the amount setting; you should be acheiving a steady wab wab wab.
Now experiment with different filters, LFO speeds, and different destinations.
When your're happy, play one solid note(that sounds good) for 8 bars. Export loop as wav. Open NN-XT, and load the wav you've exported.
Keep fucking with it, till it's murder.
Hope this helps.
P.s when in thor, make sure decay and sustain are on full for the amp.. or at least near full.