How can you fund a wholesale deal?

[Ted Phelps]

So I am getting excited about my first wholesale deal and I am working on putting the pieces together. I have 3 or 4 interested buyers in my area and 2 or 3 realtors to work with. I am still working on what options for finding said wholesale deal I want to pursue but so far driving for dollars and keeping an eye on the MLS and having a realtor who works with investors set up a search for me on distressed and foreclosed homes in the Waukesha, Jefferson, and Milwaukee counties. This will help me get my feet wet and I can crunch numbers on as many as I can to get a idea of what is a deal or not. So a realtor I spoke with told me I needed a pre-approval letter or a proof of funds letter to get into a house. How do you do this if you want to wholesale? I just bought our first home and I do not think I will be able to get another FHA loan pre-aproval. Can a hard money lender get a proof of funds letter? what do other wholesalers do about this? Thank you in advance!

Ted