What Is an Advanced Rehab Draw?
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When financing a fix & flip or renovation project, one of the biggest hurdles for investors is managing cash flow during the rehab process. That’s where an advanced rehab draw comes in, a unique funding feature that sets Temple View apart from most lenders in the space.
How Rehab Draws Typically Work
Most lenders use a reimbursement draw structure. That means:
- You, the investor, pay out of pocket to cover materials, labor, and rehab costs.
- Once the work is completed, the lender sends out an inspector to verify it.
- Only then do you get reimbursed for what you’ve already spent.
While this structure protects the lender, it often leaves investors cash-strapped, especially if they’re juggling multiple projects or don’t have the liquidity to front large construction costs.
What Makes an Advanced Rehab Draw Different
With an advanced rehab draw, Temple View provides a portion of the rehab funds up front, before the work begins. Instead of waiting to be reimbursed, you have immediate access to capital to pay contractors, buy materials, and start renovations without dipping into your own reserves.
Benefits include:
- Improved Cash Flow: No need to float large sums of money out of pocket.
- Faster Project Starts: Contractors get paid right away, avoiding delays.
- More Investor-Friendly: Helps newer or smaller investors compete with experienced flippers.
- Reduced Risk: You don’t have to tie up personal savings or lines of credit while waiting for reimbursement.
Why Temple View’s Advanced Draws Stand Out
Temple View is one of the only national private lenders to offer advanced rehab draws. This investor-first approach is part of what makes our programs unique. We understand that liquidity can make or break a deal and we’re here to keep your projects moving with less stress and more certainty.
Is an Advanced Rehab Draw Right for You?
If you’re an investor who wants to:
- Start projects quickly,
- Minimize upfront out-of-pocket expenses, and
- Streamline the rehab process...
then an advanced rehab draw could be a game-changer for your business.
Contact Temple View today to learn how our advanced rehab draws and flexible Fix & Flip financing can help you close faster, scale smarter, and maximize returns.