Buying from wholesaler with conventional mortgage?

[Patrick McCandless]

Is this something that ever happens or is even possible? I am trying to think of a reason why not aside from the wholesaler not willing to wait more than 10 days or so to close. I have zero experience with wholesaling though.

Let's say I'm wanting to find a discounted home and do a live-in rehab over about a 2 year period to then either rent or sell depending on what makes most sense at that time. If the numbers make sense for both me and the wholesaler and I can close with a conventional loan, as-is, and non-refundable earnest deposit within 14 days it wouldn't really be any different for the wholesaler than an investor paying cash or using hard money loan, right?