This business isn't about gambling or taking big risks.

The problem is that nobody can predict depreciation so it's more of a gamble, particularly in a state like California where a governor or City council can destroy the market with their heavy-handed regulations. 

Sorry I cannot post the link in the forum, or they see it as spam.

I get spam from portfolio lenders touting their VERY Fannie-like stuff for folks with 11-15 properties looking for my brokered  business, but I've never done one.

Was over our initial budget, but had great rental history, so we took a gamble.

@David Gamble Sounds interesting but I want to clarify to make sure I understand the numbers.  

  - Let's not forget about the great 6 Casino, sports betting, and video gambling expansion in IL. 

Open forums are worthless spam fests and internet dumpster talk. 

The city is gambling on house prices going up and while the % is high, you knew that when you signed the agreement.  

Shortly after, I get the below email which Gmail has swiftly moved to the spam folder.Advice : Do not fill out mortgage applications on websites that look legitimate.