If the deal is good enough you may consider hard money / private lender and pay a little more in interest, knowing you will only have it for a short time.   

The problem is that you don't know what you don't know until you learn something sophisticated and then you realize that the stuff you learned before just wasn't good enough to achieve MASSIVE returns.I think the best kept secret is these more sophisticated calculations such as IRR.The problem is even if I let the secret out of the bag, there will probably be 90% of Investors that will say it's too difficult to understand.

After six months I try to obtain a home equity line of credit or other refinance tool using the $100,000 tax assessment value, assuming my credit is good enough.

Only have my two previous cars in my credit which I'm assuming isn't good enough for the banks.

If the deal is good enough this would be a good strategy.

The tenant doesn’t have good enough credit to get a loan or else they would just buy a property off the MLS.

So, if that and the precanceled stamps used are good enough to have a post office official take a second look I think I'm doing pretty good. 

They are good enough vinyl, not premium obviously.   

I've heard plenty of times on the podcast that if you find the deal, and if it's good enough, there are plenty of people who will invest in it - but where do you look? 

If his credit isn’t good enough, have him assume the loan with your Mom Co-signing and include a contingency that in the event of default she reassumed the debt and the deed.