HOW DO YOU LIKE YOUR CONSTRUCTION LOAN FUNDS RELEASED—BIG CHUNKS OR LOTS OF LITTLE PAYMENTS?
Honestly, the milestone system feels like it was designed by someone who’s never set foot on a job site. I’ve had projects stall just waiting for a tiny payment to clear, while trades are ready and materials are sitting in limbo. Larger, strategic draws just make more sense—especially when you’re juggling long lead times. Tried negotiating with banks a few times... let’s just say their flexibility is about as sturdy as wet drywall.
HOW DO YOU LIKE YOUR CONSTRUCTION LOAN FUNDS RELEASED—BIG CHUNKS OR LOTS OF LITTLE PAYMENTS?
I hear you on the milestone system—sometimes it feels like the payment schedule is completely out of sync with how work actually progresses. Have you ever tried tying draws to actual site inspections or third-party verification instead? I’ve seen that approach smooth things out a bit, but it’s not always easy to convince lenders. Curious if anyone’s had luck with alternative structures, especially on projects with unpredictable timelines.
