It's a great way to learn the local market and get familiar with the RE transaction process.If your goal is the acquisition of 15 homes you'd be putting roughly $33,000 (gross commission) into your pocket by representing yourself.

I want to send them another gift to both of them (My realtor helped me with paperwork on sell by owner deal which she didn't collect any commission on, and my PM has brought me an amazing deal then working on creative rental solution via group home). 

. -$1,500So $147,500-$115,500=$32,000- all other expenses/commissions/holding = I will be making around $19,000 more or less on this one.

Also, when you sell through the lease option you don't pay any realtor commissions which would be an additional 6% of the sales price that you keep!

What TREC says about the forms on their web site: As public records, the contract forms adopted by the Texas Real Estate Commission are available to any person...

When you close your first deal then you have already paid 25k.So if first deal 50k was the commission for example they would keep it all as they have already paid the 25,000 (50% split).

And frankly, the big windfalls from wholesaling or quick flips is rare in reality, you'd do better knocking off commission based deals at a much higher rate.

If I included the above not assumed commissions and fee, I feel like the deal might be fruitless. :( sad face.Any insights would be helpful!

The only thing i would add: You might want to consider to call around for a realtor who will take his/her commission in form of monthly payment.

Minus a commission to the buyer's agent, and closing costs, there was about $14,000 in profit!