FHA 91-180 Day Rule - Need Feedback

[Thurman Schweitzer]

Background purchased a house from a wholesaler in town, did large rehab, put it on market accepted FHA offer. Now they are requiring 2nd appraisal as they say contract price is 100% more than our purchase price. Not too worried overall but hoping some one can offer some feedback..

Wholesaler Contract Price $74,400

Assignment Fee $ 8800

Sale Price $161,000

My belief is my purchase price was 83,200 so 100% is 166,400 so under the 100% rule?

Any feedback if I am right or should I just learn my lessons here and move forward