Wht is the process of buying a wholesale property from wholesaler

[Eric Chiu]

So far all my investment properties came from MLS. I haven't seen many deals lately on the market so I'm curious to look into buying from wholesaler. Correct me if I am wrong, wholesaler listing price are usually lower than the market price and most of the properties need rehab?

I listened to a few podcasts about finding and buying wholesale properties but I haven't come across (I'm sure there are) one that talks about buying property from wholesaler. Do I need to have cash on hand? Can I get a loan from the bank if I made an offer? Do I need to work with an agent to buy from a wholesaler? Can someone tell me the process of buying from wholesaler?

Thanks in advance,

Eric