Should I address this comment, or hold my tongue?

[Karin Crompton]

Hey all,

Sometimes the Irish and Italian temper in me clouds my judgment, so I'm throwing this out to the smart, reasonable people on BP...

During an inquiry into one of the properties we are wholesaling, a rehabber included this sentence in his email pitch to me: "According to public records on June 20, 2014 you purchased this property for (purchase price) and now are wholesaling it to make a (his math) profit."

He then went on to describe a fairly detailed and somewhat creative way to purchase the property, but I had trouble reading it through my ticked-off eyes.

My question is: when I reply to this guy, do I address that statement at all? He is suggesting that we're making a rather huge profit, which we are not - and he should understand this sort of thing if he's a real rehabber. I'm annoyed, but in all honesty, I don't know his intent with that comment - whether it was a jab, a way to slide in to the conversation that he knows (or thinks he knows) what we're into the property for ... or maybe he intended nothing at all other than to set up his pitch, in which he claims we'll make more profit by going along with his proposal. (btw, we can't go with his proposal, which entails us holding most of the note, b/c we need to free up funds for 2 other rehabs. So maybe that's all I respond with.)

Your thoughts? How do you handle it when someone makes an erroneous assumption regarding your profit?