How do you keep an abnormally large profit in a Wholesale assignment from your buyer?

[Reginald S.]

I was told by several people in the business that when doing a wholesale assignment deal where I stand to make a larger than normal profit, it is best not to disclose exactly how much I'm actually making. I was likewise told that a 'double-close' would better help me accomplish this as it would keep my buyer away from the line on the A-B HUD-1 that shows my actual profits.

However I was told by my mentor to always give a copy of the original A-B contract to my buyer. My question is, "how would giving them a copy of the original A-B contract not expose my original A-B purchasing price? I wanted to hear what you guys thought about this before I received my mentors explanation. Thanks Reggie...

[Guy Raveh]

While I may be alone with regards to my feelings about this subject:

In Las Vegas I am a buyer. If you bring me a deal that makes sense to me I won't care about the profit you have made in the middle. I would only care about the price that I am paying. If it makes sense I will be happy to buy it from you even if I know that you have made a huge profit. Again though - this is just me. I think many buyers may feel differently.... Why they feel different is beyond me though. By the way not only will I be happy to buy from you; if the deal makes sense to me I will beg you to keep bringing me more :)