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This Insight should be titled "How Not to Lose a Huge Profit... " but I wanted to show readers what can happen when inexperience and unnecessary urgency come together to kill a giant profit. When I say giant profit, I mean that we were looking at an $80,000 profit on a wholesale deal with no money in the deal. Typically about 8% - 10% of our wholesale deals are larger in size - from $40,000 to over $100,000 profit, so this was a good one.
from: http://ezinearticles.com/?How-to-Lose-a-Huge-Profit-on-a-Real-Estate-Deal-in-Just-Minutes&id=8959535
