Wholesaling an REO

[Shawn Hershberger]

First post guys! I come from the rental world, but recently liquidated and am moving to wholesaling, just fits my business model much better.
Here's the scenario: I made an offer on a REO about a week ago. Price was $62k, a realistic ARV is $85-$90k. I made an offer of $44,500 and the bank accepted it today . House was remodeled and needs 'maybe' $2k in cosmetic upgrades, investor bought it did the work and ran out of money.
My question: how should I wholesale? I don't think the bank will allow me to assign, or will they?