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Private lending guide

How rehab draws work on Florida fix-and-flip loans.

Learn how controlled rehab draw reimbursement works on private fix-and-flip loans, including progress documentation and inspections where applicable.

When renovation funds are not advanced entirely at closing, a controlled draw process ties reimbursement to project progress and documentation.

Budget

The approved loan documents establish the renovation budget and draw framework.

Progress

The borrower completes work and prepares a draw request.

Verification

Invoices, photos and/or inspections may verify completed work.

Reimbursement

Approved costs are reimbursed according to the loan documents.

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