Resources
Guides for real estate investors
Plain explanations of how business-purpose real estate financing actually works — including the parts that go wrong.
DSCR Below 1.0: How a 0.75x Rental Still Qualifies, with the Leverage Trade-Off
Most lenders stop at 1.0x DSCR. A 0.75x rental can still qualify under DSCR programs—but you pay for that flexibility in lower leverage, higher…
Read →No Money Down Fix and Flip Loans: What 90% LTC Actually Costs at Closing
A 90% LTC fix and flip loan still leaves you paying the 10%, plus points, closing costs and interest carry. On a $250,000 project…
Read →90% LTC Fix and Flip Loans: What “Light Rehab” Means and When You Get 85% or 80% Instead
Which fix and flip deals reach 90% of cost, why most land at 85% or 80%, and the worked arithmetic on what each tier…
Read →Reading a Term Sheet: The Six Lines That Decide the Deal
Six term sheet clauses that determine your real cost, timeline, and exit options — and where lenders bury them.
Read →Ground-Up Construction Draws: How Money Is Released Against Verified Progress
Construction lenders release funds in stages tied to verified milestones, not calendar dates. Here's how the draw schedule actually works and what triggers each…
Read →Bridge Loans: What the Exit Has to Look Like Before Anyone Funds One
On a bridge refinance, the DSCR test usually sizes your takeout loan, not LTV. A worked example shows how $600 a month of rent…
Read →Interest Reserves: When the Lender Holds Your Interest, and What It Costs
An interest reserve is not a payment holiday — it is an advance that accrues interest and eats into the same leverage caps as…
Read →LTV, ARV and LTC: Which Ratio Is Actually Constraining Your Deal
Three ratios are applied to every fix-and-flip file and you get the lowest result. Which one binds changes as your purchase price rises —…
Read →Refinance Seasoning: When You Can Actually Pull Your Money Out
Seasoning decides whether your refinance is underwritten against what you paid or what it's now worth — often a $60k+ difference. The tiers, the…
Read →What Actually Kills a Fix-and-Flip File in Underwriting
Fix-and-flip files are rarely declined outright — they get re-sized four days before closing and the borrower has to find the difference. The four…
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