Is Cash King for wholesaling?

[Kevin Barrett]

What forms of compensation are acceptable for wholesale deals? It's my understanding that FHA loans won't allow re-sale for a certain amount of time so is there other forms of financing available besides hard money loans and cash? If I could pull some buyers money together what is the preferred way of doing this? I was planning on creating an operating agreement, but wasn't quite sure what type of entity to form. Sorry in advance for the beginner questions.

Thanks,
Newbie (hopefully not for too much longer!)