Exciting to continue learning from all the great people here and applying it to our little part of the world.Warren

You certainly can not have a threat of that nature on your property.

There is a modification on the ballot this year but it applies to commercial property only. 

If that applies to you, then calculate how much of that quick cash will you actually make?! 

@Diane Stinebaugh - I dont think its one size fits all type of an answer because imo it dependsA few things to take into consideration would be -- age of the house and how much deferred maintenace it has- Is it A/B/C or lower class type of an asset- Geographical location and possibility of natural disasters like hurricanes, tornadoes, hailstorms, earthquakes etc.

In reality you need a healthy combination of cash flow (can't do without), principle pay down (works better on higher priced homes, duh) and potential for appreciation, both natural and forced.Try to make a million with $500 in cash flow.

Note that this is not applying to institutional money as that is easily verifiable. 

Naturally, it's your call. 

The same IRA and solo 401k rules apply.

Hello BP, was just wondering if a unsecured line of credit would count as reserves in the banks eyes when applying for alone.?