Wholesaling REOs in Indiana and SoCal Los Angeles Area

[Wyatt Merriweather]

Hello! Has anyone successfully done a wholesale on a Bank-Owned property? Reason I'm asking; family member works at a pretty large bank and he can get his hands on a list of homes that have not hit the market yet (Looking in the Indiana and SoCal markets). I know it's possible to wholesale, from reading so many articles, a REO but I was wondering how the process went? Did you need to have proof of funds to submit an offer? What paper work was needed different from doing "regular" wholesale deal? Any other information you have would be great!