What do you think?
You know enough to be dangerous, but not enough to be competent.
Serving as railmeat on someone else's racing boat is not adequate experience for crossing the Pacific. Throwing out terms like hull speed does not mean you know what you are doing.
You are grossly underbudgeted; $35K is not enough to buy and equip a 35' boat for blue-water cruising. You have no idea of the additional expenses in equipping a boat. The fact that you think that is possible indicates your lack of depth of knowledge. There are people on Sailnet who will cheerlead you into problems that are much greater than your experience level, just because they like sailing and take their own experience for granted.
Just as an example, why don't you tell us how much you have budgeting for a life raft, EPIRB, PLB, watermaker, solar power, and food stores? You have no idea. Or do you think someone is going to hand you a fully-equipped 35' blue water cruising boat you can hop on for $35K? It ain't gonna happen, sister.
Take it slow. Buy a seaworthy smaller boat first. Gain some ocean cruising experience before you make the leap you are contemplating. How do you know how you will feel about being alone out on the ocean for days at a time?
We don't want to Monday morning quarterback your demise in the middle of the Pacific. These same people who are acting as cheerleaders right now, are the same ones who discourage anyone for criticizing the unprepared sailors who get into trouble and summon the Coast Guard to save their sorry arses.
Your description of financing and insurance is also confusing and also indicates that you do not know what you are doing.