You do the work first — then get reimbursed. Here’s how draws typically flow on four kinds of projects.
Cosmetic
Light, fast turn — paint, floors, fixtures.
$33,0003 draws · total rehab
#
Work completed — then funded
Draw
1
Paint, flooring, fixtures & hardware
$16,000
2
Kitchen/bath refresh, landscaping & final clean
$12,000
3
Final punch-out
$5,000
Full Facelift
A real refresh — kitchens, baths, finishes.
$73,0005 draws · total rehab
#
Work completed — then funded
Draw
1
Permits, demo, windows & doors
$16,000
2
Kitchen & bathrooms
$20,000
3
Flooring, interior paint & trim
$18,000
4
Exterior & fixtures
$14,000
5
Final punch-out
$5,000
Big Hairy Rehab
Down to the studs — the whole thing.
$160,0007 draws · total rehab
#
Work completed — then funded
Draw
1
Permits, demo & structural repairs
$30,000
2
Framing, roof & windows
$28,000
3
Plumbing, electrical & HVAC rough-in
$30,000
4
Insulation & drywall
$24,000
5
Kitchen, baths, flooring & interior finishes
$27,000
6
Exterior & certificate of occupancy
$16,000
7
Final punch-out
$5,000
New Double-Wide
Land prep to set to certificate of occupancy.
$103,0005 draws · total rehab
#
Work completed — then funded
Draw
1
Permits, site prep, foundation & utilities
$26,000
2
Home delivery & set
$38,000
3
Skirting, tie-downs, decks & hookups
$20,000
4
Final inspection & certificate of occupancy
$14,000
5
Final punch-out
$5,000
📝 Permits: where your municipality requires permits, we’ll require them too. Permit fees are typically pulled in the first draw.
💰
Work first, then funded. You complete each stage and we verify it — then the draw is released, usually within 24–48 hours. You’re reimbursed for work done, not paid up front.
Examples only. Your real draw schedule is built from your scope of work — more or fewer draws, sized to your project.
BLACK FOX LENDING