MLS & Wholesaling

[Rickina Velte]

Everything I read and hear says you can't wholesale from the MLS...and I'm wondering why that is? If I find a potential property that is priced below market value, am I not able to put it under a contract because I can't show proof of funds? Or I'm not pre approved with a traditional lender?
Is that reason why working from the MLS is not recommended?
I'm wondering if I order a title search and home inspection, put the property under contract would that make the property more appealing to a cash buyer at that point if everything checks out? And if so could I assign that contract then?

Thank you as always!