Max I [When you say returns are 7% in rent, does that mean 7% of the gross rent?

Max is actually 10 per person, and yes applying each alone could get you collectively up to 20.I would suggest applying jointly with the caveat that you find a lender that'll work it up both ways - jointly and individually - with the same information.

Welcome, Max. I

The 10 loan max is for residential mortgages.  

It doesn't matter what you think 2 adults and 3 kids will live comfortably in, it matters what the law says the max is for safety.

And you're right, as a new investor it would be tough to attract much capital so going in with the assumption of raising $100K max is more realistic than thinking you can raise millions. 

@Cristian Portillo asking about ForEx  trading on a real estate forum is like asking a priest for marriage advice.

I knew what I was looking for and the max I needed was 350k.

Your FAR max is the same one I got, though I've also seen variances awarded for FAR and setbacks - though in those case it was mostly to appease neighbors opposing the construction. 

This year, I think I'll finally stop contributing to the max. I