Hi @Jamal Lee. Your success is terrific. The deal was a win-win for everybody. No, you did not take advantage of the situation as the "faceless" Tom V depicts.
Reading is FUNdamental (yes I know I capitalized a portion of the word).
Your post indicates that the property was in need of "major repairs" which for some reason even supposedly serious experienced investors want to ignore, failing to understand that is a big part of the numbers game. Neither you the wholesaler nor the seller are risking the time and money towards the repair so the deal could not be as profitable to either of you as it will be to the end buyer, taking all the risks. From my humble perspective you put together an awesome deal. You didn't try to run rogue on the seller or buyer which is evident in your assignment of contract profit.
Thank you for sharing this post because the vast majority of BP apparantly wants to stake wholesalers. I wish you much continued success and please don't hesitate to share your stories. We are neighbors actually so double kudos!!!!!!!
