Buying from Wholesaler - New investor needs advice!

[Drew Davenport]

Okay I am new to real estate investing. I have purchased several books that I read almost every day. I joined my local investor group and have been networking and taking classes on how to find deals and work comps. I've created a criteria for houses that I am willing to buy and the areas in which I will buy in. I met a Wholesaler in my area who has a house under contract for 60k. My question is.. When buying from a wholesaler, do I have to buy using all cash or can I use a mortgage (conventional or FHA)? May be a dumb question but hey if I don't ask I'll never learn, right? I feel pretty confident that I know enough to get started and I know that I'll learn more from doing than reading books, although I've learned quite a bit already from doing so.