Ordinarily, the entire process without any hiccups will take 11-21 days from start to finish. 

Even though you are new to the business, make sure that you are doing everything with your head straight on your shoulders because you don't want to be accountable for a property when you can't close on it and then everyone treats you poorly and you diminish your rep because of a hiccup and not knowing what you were doing.

This creates a hiccup for people when they go to refinance and find out that they can only get a commercial loan to refinance out of the short term note, and they often aren't pleased with the rates. 4.75% on a 20 yr for a rental property isn't bad at all though.

Looking for alternatives that allow cross platform syndication alongside HTML generation for Craigslist.Agreed to the above comment though.

The one hiccup I had was with a particular underwriter delaying closing, not reviewing documents etc, however I asked to not work with them again and now my files go to a team I am comfortable with.

I don't know where to start especially when it comes to wholesaling and I want to start as soon as possible and i would like to do it with no hiccups.

As noted, there are often many LLCs at work here: the property and investors, a separate on to act as GP, likely a third that is more of the "business side", if there is a JV involved, you might have a second level where property and borrowing entity are one, then the JV is a separate LLC or LP that brings in investors alongside the JV.And to clarify what Brock mentioned: you don't need your true partnership LLC setup prior to going under contract, but you 100% do want A LLC formed to enter contract.  

I realized these 2 turnkey properties would take most if not all of my funds and would generate about $400 / month cash flow with no hiccups.

I am currently looking to buy my first property along side my fiancé.

Which I questioned because it was supposed to be a “quick cash sale” they said that allows time to fix any hiccups in paperwork on either end.We knew they would make a profit, I said once you own them you can make however much money you can, I don’t care.