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Stevan Stojakovic
  • Financial Advisor
  • FL
93
Votes |
432
Posts

The Silent Profit Killer: Draw Delays

Stevan Stojakovic
  • Financial Advisor
  • FL
Posted

You bought the house. You hired the crew. The demo is done.

Then... your lender takes 3 weeks to inspect and release Draw #1.

Your contractor leaves for another job site. Your holding costs tick away. Your profit margin shrinks every single day.

When picking a construction or fix-and-flip lender, ask about their draw timeline before you ask about their interest rate. 

What’s the longest you’ve ever waited for a construction draw? Drop the nightmare stories below.

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