So long as the bank carries their own paper, the can make any guidelines they choose.

The amount you choose to put down only changes your COC return, there is no "cost" to your downpayment.

You can call it speculation, or whatever name you choose, but the end result is cash in the pocket and the abilty to repeat.

Choose your poison wisely and go from there.

But I have to agree with Mike, Ryan and john, Start small or, well, Start at what your comfortable with... something at a level that's not going to change how you function day to day.

Obviously, you need to choose your team carefully.

This situation would make you feel comfortable.

They choose to create indentured servants whose votes have been bought one way or another.

Finally after almost a year of searching we came across the upper level of a house with affordable rent (which allows us to save), spacious and comfortable; very challenging to find in Edmonton.

They will not lend until they get comfortable that someone in the group has the ability and history to pay them back.