apparently not good enough! 

He is more geared towards buying and flipping for immediate capital, which is fine, but is the market good enough to continue flipping again, how long will those properties be listed before a sale takes action in today's market.

I have found, too, that if you are financially equipped and have a good enough deal to use a HML, you usually can do it just as well without the HML.

I thought it would appraise for a lot more so that I could pull out some money but looks like I didn't get good enough comps.

And, what rate would you consider good enough that there will be potential buyers for your property in the future?

I am cautious about that part, but first want to determine if this is a good enough deal.Thoughts?

I think the local partner would likely be good enough for most banks.

If the deal is good enough, you will find money from private/hard money lenders etc..or if the property is already rented you can get commercial bank lending as well.I just suggest, you read blog posts on BP, listen to podcasts, read books, go to local RE meetings etc to gain knowledge and network which will help a lot.

Every situation is different, but the ultimate goal is to get a good enough buyers list so you can assign and they understand that you spent a lot of money/time finding this deal and whatever you make is fair as long as it works financially on the back end for them

Shouldn't take too long. if no one will give a card then you need to get a "secured card". your score will be good enough in no time. your lack of income though, is whole different animal...good luck