Bancaverse

Bancaverse

Manage Contractors, Draws, and Your Cash Runway

Manage Contractors, Draws, and Your Cash Runway — Bancaverse video tutorial

Draws reimburse you after the work is done, which means you are paying contractors before the money comes back. Plan for that gap or it plans for you. This video runs about 8 min.

In this video

  • Setting milestones that line up with your draw schedule
  • Documenting progress so inspections go smoothly
  • Handling change orders without blowing the budget
  • Keeping enough cash on hand between draws

Who it is for

Rehab investors running their first or next project on a draw-based loan.

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Research and explainers from the Bancaverse™ team, an Austin, Texas private credit brokerage arranging DSCR, bridge, fix-and-flip, construction, multifamily and commercial loans for real estate investors across 32 states.