talking to the Bank its going to be far and few between that the mortgages these folks are taking sub to is still owned or controlled by the "Bank" the loans were sold within months of origination and maybe MERS has it ( sliced and diced) and for sure your dealing with a servicer.. who is not going to negotiate one bit.. now if you happen to have a sub to with a portfolio lender and you can actually talk to someone who is a decision maker thats different but I submit those loans will be a small fraction of the deals being done.

Sounds like if you know and follow the rules you should not only be OK but pretty well insulated from competition (people swarming in and oversaturating)

There is a lot more competition than before. 

Also, you have a lot of competition with Disney and Universal properties.I always stay at a Disney property to take advantage of the included transportation to easily park hop and not deal with having to drive and park.

The massive wave of illegal immigration has added to competition for housing.

It’s especially effective in eastern PA, where competition and inventory can be tough.If you’ve got $80K, I’d suggest capping your initial spend at $60-65K.

Price will be reduced to 1800 for the time being, which is competitive it seems with nearby properties based on the time of year.Fingers crossed!

Research competition  and determine their profitability and how much they spend on marketing, how many employees they need, and how much time the wholesaler needs to devote to the business.  

Here are some recommendations: Local Banks and Credit Unions: They often have more flexible lending criteria and can offer competitive rates for investors.

Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)