Whole Sale Question

[Jeff Brotherton]

I found a FSBO property being sold for $155k in the best neighborhood in our area. Comps show an ARV of $265k on the low end and repairs seem to be mostly cosmetic. I'm a newbie and have a few people I've met at local networks and spent time with, but none that I know well enough to partner with me. I'm considering just going the wholesale route with it. Can anyone tell me, do I have to secure financing in order to wholesale the property, or do I just need a signed contract? I can't secure financing for the full $155k. I could do 75k in cash and 35k in financing, so without a partner, I'm wondering if I can pull off a wholesale on what appears to be a great opportunity. Any advice is greatly appreciated! Thanks