Buyers in need of help!

[Doug Gossom]

I am a newbie to the REI world, so please understand that I might not have asked my question correctly.

A friend of mine lives in San Francisco and wants to buy a home. They want to use a conventional loan, but cannot qualify for the current market prices, which are ridiculously high. They thought of buying a foreclosure, but need a willing wholesaler to get a home under contract long enough for them to close with a conventional loan. Is this even a thing? Will a bank even underwrite? If so, how does one go about finding someone who will do it? They are already pre-approved, but have told the bank they are holding off because they cant find anything in their range.