I am not apposed to flipping, but for the most part my goal is to shoot for a solid monthly cash flow with with appreciation and building equity as a bonus.

Before the property was listed, I made him an offer to sell me his house, settle within 30 days so he, his family and all their possession could make the 2,000 mile journey to their new home together.The added bonus was he also had a rental property, that was his former home, that he wanted to sell.

I need to determine what is my exposure in doing so.

Of course, if I were flipping, I would defiantly need a higher ARV but in this case I just see the $20K to $25k of equity as a bonus.

Is it possible to cap the maximum exposure of the recourse lending to a certain percentage of the total funding needs?

When my reenlistment package ran into issues and I EAS'ed in 2009, I missed on deployment money and a tax free reenlistment bonus of 20k or so that would have been a good start for investments.The house that we want has been on the market for going on three years.

You don't want just local exposure.

., one that does marketing and gets their name out there, and has good exposure for your listings.

. :-)But, if you really want to sell it quickly, I'd recommend offering 3% (or whatever is customary in your area) to the selling agent. 3% seems like a reasonable price to pay to get maximum exposure to qualified buyers.Just my opinion, of course...

The very first consideration to your exposure, besides the type of business, is your location.