He is a friend and willing to be flexible for a creative solution as he just needs some of the cash for a down payment. 

Hi Randy, After wholesaling for 20 years, managing 50 investor agents, and owning multiple rental properties myself, here’s my advice: Wholesaling is all about being the connector who brings value through speed and flexibility.

It would also give you more control and flexibility in how you manage your properties while ensuring you can take full advantage of tax deductions available to businesses.

For you, it might come down to how much you value in-person relationships versus getting a higher yield and the flexibility of online platforms.

On the other hand, non-local lenders may offer more competitive terms or flexibility since they're not tied to specific regional trends.

It’s worth exploring if you're looking for more flexibility!

These agreements can last for up to 80 years, and you can transfer or sell the lease, offering flexibility.

It seems to always be flexible and at discretion of their investors they are looking to take on. - Do sponsors/developers generally just look for GPs or preferred investors?

This type of loan can have flexible terms and few upfront costs.However, a private money loan is a high-risk financing option because it’s unregulated.

When the property is owned "Free & Clear" There is a lot of flexibility when the property is free and clear.