Capital Stack

Model the first lien, capital gap and exit together.

Do not close a deal with a financing plan that only works if everything goes right.

Acquisition / rehab first lien plus qualified investor liquidity, renovate, sell, then repay the stack from closing proceeds.

Bridge the acquisition and renovation, stabilize the asset, then test a permanent rental refinance against actual rent and value.

Permanent rental financing should be screened against realistic rent, taxes, insurance, reserves and the lender's DSCR requirements.

Rule: Model carrying cost and a slower exit before you bid. If the deal only works at the best-case sale price or rent, it is not ready.

NEXT STEP

How do I get started on a deal like this?

Open the public listing and check the status, price and condition yourself.
Send the property for screening, or call or text 832-701-8144.
Dr. Rob screens the financing lane and tells you what fits before you spend money on it.

The Deal Desk is for investors buying in Houston, Baltimore, Newark and eastern North Carolina. It is run by Dr. Rob McNeill, NMLS #844916.