Structuring a Wholesale Deal

[Joshua Durrin]

My understanding with a wholesale deal is that it's much more streamlined and less prone to hang ups in closing when it's presented as an all-cash deal. My plan is to target the 70% ARV (minus repair costs, fixed costs, and my wholesaler's fee). However, I'm curious first of all if 70% ARV, being a rule of thumb, is actually a "good deal" or not to most investors. Secondly, I'm curious if the primary deal (with the seller, not the investor) has to be structured as all cash or not or if I can structure it as subject-to and cash for the difference for instance. Seems to me that the best deals to an investor are the ones where cash isn't transacted, but rather financing is leveraged. Thirdly, what kind of closing period would be typical? Retail markets typically target 30-45 days. That's usually to secure financing and address contingency inspections. Investors, I assume, do their same due diligence inspections but would typically close much more quickly due to having the cash (and a network of relevant inspectors available), no?