The affordability and quality of life are big draws, and it’s great to hear your perspective.

If you are unable to draw parallels, then let me help you.

When you draw from the equity, you are "borrowing" it from the bank and have to pay interest.If you borrow against the equity at 7% interest and then loan it out at 15% interest, you are earning a positive 8%. 

What is drawing you to KC?

You shouldn't pay any draw until the work is done.

Draw a hard line and stick to it. 

Then the following Friday, the twenty day marker, they are requiring another $25,000 and they are only funding $179,000 of the deal and of the $65,000 in SOW (low bid) only $40,000 will be funded and on a draw. 

But now you could refi, draw out your initial investment and the property would cash flow.

A good PM will be able to quickly draw upon process, procedure and mechanisms in place to handle the "X" in your question. 

This also lets investors manage maturity dates, guarantor exposure, market exposure and other factors.We service loans on our balance sheet and manage construction draws for all loans we originate.I am happy to answer any additional questions or provide additional insights.