The RTL Investor Playbook: Lenders, Draws and Your Exit
Pick the right lender, compare financing costs, plan liquidity and draws, and choose your exit: sell after the rehab or refinance into a DSCR hold.

Pick the right lender, compare financing costs, plan liquidity and draws, and choose your exit: sell after the rehab or refinance into a DSCR hold.

Occupancy, collections, delinquency, renewals, unit turns, renovation spending and reserves. The numbers that keep a multifamily plan on track.

Operating statements, rent rolls, capex history, property condition, sponsor financials and a clear business plan for a multifamily loan.

Cost per unit, downtime, achievable rent premiums, turnover and pace. Underwrite a multifamily unit renovation plan that holds up.

Spot concessions, delinquency, loss to lease, vacancy, one-time income and expenses that need normalizing on a multifamily rent roll and T-12.

Milestones, progress photos, change orders and the cash gap between paying contractors and getting draws back. Keep your flip funded.

Build a flip budget before you offer: purchase, rehab, financing, holding and selling costs, plus contingency. A short video for fix and flip investors.

Utilization, late payments, new debt and personal guarantees can block your next loan. Protect your credit and cash while a flip is in progress.

Contract, scope of work, itemized budget, photos, comps, experience and exit plan. How to package a rehab deal so lenders can review it fast.

Leases, rent rolls, property details, insurance, entity documents and proof of funds. Build a DSCR loan package lenders can move on.