
Nathan Payne explains reverse wholesaling, where you get paid via invoice at closing instead of assigning contracts. He walks through a $30,000 deal example and shows how to draft the invoice, send it to the title company, and collect your fee when the deal closes.
Chapters
Now, sometimes you don't have to do this, and I don't do this all the time. I actually get paid from buyers through invoices, okay? Where you don't even have to assign it. And the reason you do this is because you're tight with the buyer and you just say, hey, look, I can assign it to you, or you can just pay me, cut me a check, or pay me through invoice at closing. And you can have sign an invoice with your buyer and send it to the title company. And the title company will make sure you get paid at close. So I'm going to show you guys how to do this. And you really do this when you trust your buyer. And that's what we're doing. I have this deal right now. It's going to be $30,000 deal. And instead of wholesaling it to the buyer, I am just sending him an invoice and he's just going to pay it out at close. And I'm going to show you how to do it again. That's why I teach reverse wholesaling, painless wholesaling, because you don't have to sign all your deals. You don't have to wholesale everything. You can just go ahead and sign this contract with the seller. I don't care. Just make sure you pay me and I trust you and let's get it done. And we'll sign this invoice and you know, you get it done. And why would you do that? You're probably wondering, okay, why would I not just assign it to them? Well, sometimes the seller wants to just work directly with the end buyer and you've been straight about it and you're like, hey, I'm not going to buy your house, but I have someone that will. And you have them sign the contract and they close and they just pay you out. I've done this on multiple deals where I just get paid a referral fee or they call it a marketing fee and you just write an invoice.
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