Depending on terms and overall cost, 7.8% may not be super competitive. 

James Dainard is a prolific professional house flipper, with a track record flipping nearly 4,000 homes in one of the most competitive real estate markets in the US - Seattle, WA.

We leveraged our expertise in negotiation to secure it at a competitive price of $140,000.

How about when your competition is using bathroom sinks that are the ones that bowls ON the counter instead of in the counter?

Quote from @Dylan Jeluso: This questions is the same question as getting your real estate license when doing flips, you have access to the MLS, you save money on the commission, and you have a little bit of a competitive advantage over the next person that is not licensed.

If you have a competitive advantage in IN, I would go for it.

What's your pitch to sellers in a competitive market when you are up against experienced wholesalers?

I decided to not buy more because it became just so competitive.

Factors like real estate trends, property taxes, and competition also play a role.

If you are thinking Texas, the problem is so is everyone else, so your competition is much higher and unless your property is special, you can only compete on price.I hope this helps.