Yes, there is going to be competition and yes other wholesalers piggyback sometimes, but that doesn't mean the deals aren't there for the person willing to get their hands dirty and their minds creative.  

The great thing about real estate is that you can be very creative when it comes to financing.

Also, I've written a book on creative financing that you may want to check out. 

Look for training from experts on how to think creatively.  

We've decided to make it a game to see who can come up with the most creative ways to save and make extra money. 

You're a writer!

The general term for this is "creative financing" (you can search it up).

I have found some creative sources but much less than I expected. 3) Points - points increase the rate by 2x if you only do a 6 month project and keep doing them4) Ability to think long-term - many finance properties which is unlike most lending (or other) relationships where you get a lending profile for the long-term and look for deals. 

Was it a result of some creative financing or you did managed to put 20% down?

For instance, if the property is mortgaged at 90% of its value you'll have trouble buying it using a flippers calculations without some creative short sale work that I really know nothing about.