Absolutely.Now, thankfully, I am not in that position anymore, and my portfolio has grown to sustain itself without my personal finances being involved. 

I know that there is risk because of the lack of paper trail, but could this also raise a red flag for the seller not wanting the banks to get involved?

We are just looking for one really good opportunity or multiple small ones.

Also be aware that in both exit plans you will need to be very ethical in your disclosures to all parties and there is some paperwork involved. 

There are upfront costs involved in your direct mail marketing and it takes a lot of time to learn how to do wholesaling the RIGHT way.

I have primarily been involved in mostly cash transactions, as well as a good amount of hard money closings. 

Now that we are coming up on 2 years 4 of the 5 people involved would like to sell.

I think if you are going this route you want to scale and buy multiple homes. 

@Kayla Wong Also, something to look out for is if there are multiple units on one cesspool. 

If you are pleased with the services you received, you're more likely to use that agent again.This can be tough in a young REI career so I'd recommend getting an older agent, someone with a lot of experience and then you should also continue to ask questions on here to get multiple perspectives.