Rutland offers approachable price bands for value-add projects—perfect for disciplined scopes and reliable draw schedules.

Leverage, Draws, and Budgeting

On qualifying files: up to 80–90% purchase and up to 100% rehab via milestone draws. Use a 3–4 draw plan (rough-in, drywall, finishes, pre-punch).

• ARV $300,000; Rehab $32,000 → Max purchase by 70% rule = 0.70 × 300k – 32k = $178,000
• Holding/soft costs: $13k–$17k across 4–5 months

What Improves Approval Odds

Recent comps within a tight radius, scope that matches comp quality, early insurance binder, and clear exit (list vs DSCR refi).

Q&A

Owner-builder? Cosmetic scopes may work; heavy scopes need licensed subs.
Manufactured homes? Case by case.
First draw timing? Often within 7–10 days after documented progress.

Hard Money Lender in Rutland