Budget Tracking & Draw Management
Real-time budget tracking alerts at 10% overage. Draw packages auto-generate for lender requirements. Holding costs calculate daily burn rate.
Budget tracking shows real-time spend vs. estimate for every line item. When actual costs exceed estimates by more than 10%, the system triggers an alert before the overage compounds.
Hard money lenders require draw inspections before releasing funds. The system generates draw request packages: photos of completed work, lien waivers from contractors, inspection reports, and updated budget spreadsheets formatted to lender specifications.
Change order management tracks scope creep. When an unforeseen issue surfaces (rotted subfloor, galvanized plumbing needing replacement), the system logs the change order with photos, revised cost, and approval chain.
The holding cost calculator runs continuously showing daily burn rate: loan interest, insurance, utilities, taxes, and opportunity cost. This creates urgency to stay on schedule.