It is correct that there is no limit, but some of the aggregators and securitizers who purchase these loans post-close have exposure limits, such as $10 million in unpaid principal balance.

With that comes different exposures and risks that they need to properly rate for.

Companies like State Farm, Allstate, or Chubb often come up in conversations, but comparing quotes with independent brokers might give you the best value.Since you're in a general partnership, it”s critical to clearly define liability exposure.

. - In September 2024 the FAIR Plan had $6B in exposure to the Palisades alone.

The more rehabs you do the better understanding you will have of the market for contacting work and materials.Doing a rehab every so often prevents you from being sharp with your budget.For those with limited exposure, ask others in the industry and always run your numbers based on being overbudget and overtime. 

I see it more a knowledge and exposure thing, reality vs perception.

- Many PMCs only put on their website and Zillow and do NOT put on MLS for max exposure.2) How many pics are in the ads and what do they show?

Limiting leverage, for any loan ever = reducing lender exposure/risk.

We have clients that have come to us from other providers and been able to provide them with strategies to help mitigate their exposure.

If you want to add it to places like affordablehousing.com then that gives you more exposure.