It would take me about 24% of BASIC PAY per month to contribute the $18K max. I

Hey Max, I understand how 2k/year sounds reasonable to you.

You can always go to a commercial, portfolio or hard money lender and get the rate quoted but it's going to be much higher as soon as you step out of the Fannie/Freddie domain.No offence Max, I feel the same way as you when I'm on the borrowing end of things, even if I know the reality of the business.

Thanks Max !! I

It seems like the consensus is to use the money for additional properties while keeping the cash flow at a max. I

This 2% max is always based on the purchase price, even if the purchase price was way back in the 1970's, when Prop 13 was passed. 

See what the max is you can sue for, but it's probably more than 6K.  

According to the county website, max is a little over 2%. 

@Von Maxy feel free to Dm me.

We see the risk in losing our equity, or losing the use of our equity, by having it stagnate in a house.Some of feel that by leveraging to the max is more risky to them, because they don't have the control/influence needed to reduce the risk.Some feel that taking on someone elses problem (NPN) isn't risky since they are able to have a series of controls in place to either sell, repair, or rewrite the non-performance.Still others have more control over flipping since their market and their rehab abilities dictate more control there.It isn't the direction you take to invest that's risky.