Major questions concerning Wholesaling REO...PLEASE HELP!

[Brittany Glaze]

I'm in Houston, TX and I am new to REI and anxious to get my first wholesaling assignment deal closed. I have access to the MLS and decided to do my first wholesale on a listed foreclosure. Will I be able to do an assignment on an REO? Also, will I be able to make an offer myself or do I have to use a realtor to make an offer? What should my MPP formula look like when dealing with an REO (what variables are involved in this type of deal that would not be involved in a FSBO deal?)
Please Help?