Pigs get slaughtered - don't get greedy

A local Jacksonville wholesaler had a deal available on Bigger Pockets. It was a 3/1 that the City of Jax says is only a 2/1, for $70k, however when you do a search on the property it shows it sold for $25k. 

In this day and age, don't expect that people are NOT going to lookup the property online. We are all going to see how much was paid for the house and then we're going to see your greed factor. 

When working with investors, if you want to be a great wholesaler, you need to leave enough money in the deal for the eventual buyer to feel as if they got a great deal. If it were me, this would have been a wholesale to 35/40k to an investor. 

This would show trust to the Investor who can then sit on it or flip it for good money. Remember that you dont want to get greedy, rather, you want to build a network of strong relationships with people that trust you. If your buyers feel that you are getting greedy, they will go elsewhere. 

So as a wholesaler, set targets to sell and turn it into a great volume business. Then step back and watch us come to you. Along the way, hold onto some of these great deals and augment your pipeline with some rentals or flips. No one said that was not possible, but dont get greedy either. We all have access to the net and MLS so we can see what things sell for, and if we're wrong, add the holding costs to your story, be honest. You will go further and last longer in this business.