John Alexander Inverse Purchase

General Real Estate Investing
1

Does anyone have any information regarding John Alexander’s program. Inverse Purchase. If so, could you share info.

Thanks :smiley:

2

Is it possible for you to help me with the Inverse Purchase please.Thank you

3

Yes, I heard of him.

4

The Inverse purchase is this:

  1. Locate a FSBO
  2. Negotiate a deal with the seller, with 20 % or more discount
  3. Sign contract including clauses that allow you to show the house. Also have seller sign investor’s disclosure notice.
  4. Show the house.
  5. Find end buyer.
  6. Qualify end buyer thru mortgage broker.
  7. Get one under contract (the one most qualified to buy house) for full Appraised value
    8.) Send seller an invoice that the seller signs agreeing to pay investor the diff between his purchase and the appraised value
  8. Fax seller copy of investor’s contract with end-buyer
  9. End buyer and seller go to close.
  10. Title company or closing agent sends you a check.