What are the steps to wholesale a property?

[Jena Martin]

I want to wholesale a property. I'm a college student and I have no money at all.
I heard that you can wholesale a property without any money down. Is that true?

Can you please tell me each step on wholesaling?
Like how to get a Purchase and Sale Agreement. Will I be able to get one cause I don't have money at all? Will the seller entertain me cause I'm just a college student?

I think I've read somewhere in the internet that you need a real estate license in order to legally do wholesaling. Is that true?

How to buy foreclosed property from banks? Can you write the steps?

Can I buy foreclosed property? I'm just 20 and I don't have money at all.

Will the bank entertain me? I am afraid that they will think I'm just a kid and not someone to do business with.

Who will I approach in the bank?

What will I tell him or her?

Is the "Purchase and Sale Agreement" the only thing I need from the bank?

How will they sell it to me? Will they even consider selling it to me, someone who doesn't have money at all? Someone who's just a college student and doesn't have a job?

Are they going to need proofs that show that I have the ability to buy it? I know that I'm not paying them, but my future buyer will pay them. But will they still look for proofs (job, bank account) that I have money because why would they entertain someone who literally has no income?

How will I find a buyer whom I will sell it for a profit?

I've read in your book that the buyers I should look for are inverstors who renovate houses? Where will I find them? (I know of advertising in the newspaper) What are other ways to find them? I don't have a single contact. I'm just starting out.

If I found one, what are the things that I would tell them? Will they entertain me cause I'm a newbie?

How can I negotiate with them the Assignment Fee I am going to receive? How much percentage is the norm?

How am I going to protect that Assignment Fee? What if they just wait till my "Purchase and Sale Agreement" is expired so that they can avoid giving me an assignment fee?

If I don't find a buyer for properties that I secured a Purchase and Sale Agreement for, will the bank entertain me next time cause I wasted their time?

Please tell me every single (in order) step I should do from start to finish including what things I will tell the banks and buyers.
:D