About this product

Name: FlipDraw Tracker — House Flip Rehab Draw Schedule & Lien Waiver Tracker Price: $29 (v1 had no lien-waiver log, charts or cash-needed view — consider $39 once you have a few reviews) Summary (under the title): Schedule every lender draw against your rehab budget. Guards flag category overdraws and loan overruns before the money goes out, and a lien-waiver log shows which funded draws are still missing paperwork. Excel + Google Sheets, no macros.

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## Description

House flips go wrong in the draws. FlipDraw Tracker is a no-macro Excel / Google Sheets workbook for flippers using hard-money or construction loans. It tracks the rehab budget by line item, schedules each draw against lender inspections, and warns you when a draw would overspend a category or push you past your loan — before the request goes in.

HOW THE GUARDS WORK

• Category Guard: adds every draw in a category, top to bottom, and compares the running total with that category's budget.
• Loan Guard: adds the amount funded at closing plus all draws logged and compares it with your loan commitment (requested draws count, so you see it before funding).

DISCLOSURES (please read)

• ARV, budgets and profits are arithmetic on YOUR inputs — not appraisals, and not lending, tax or legal advice. Verify every number with your lender, contractor and CPA.
• Interest is approximate; your lender may accrue differently. Pick the interest basis that matches your loan.
• Lien-waiver tracking is an organizer, not legal protection. Confirm requirements with counsel.
• Guards only check what you log. This tracker organizes your numbers; it never predicts or guarantees profit.
• Different from our Landlord Finance OS (buy-and-hold rentals) and BRRRR Deal Analyzer — FlipDraw is about CONSTRUCTION DRAWS on a flip.

FORMAT: XLSX + PDF (workbook + 4-page guide + license) · INSTANT DOWNLOAD

--- ## Suggested tags house flipping, fix and flip, rehab budget, draw schedule, hard money, construction loan, lien waiver, real estate spreadsheet, excel template, google sheets

## Product-update message for v1 buyers FlipDraw Tracker v2.0 is ready: new Lien Waiver Log, redesigned dashboard with charts, corrected loan and category calculations, hold-period carrying costs and an interest-basis switch. Re-download from your library.

What's included

• FlipDraw-Tracker.xlsx — 7 sheets, native formulas, zero macros:
• START HERE — setup walkthrough, color key, clear-sample-data steps, disclosures
• FLIP DASHBOARD — projected profit at YOUR ARV, total invested, break-even sale price, estimated cash you bring, loan position, six "attention items" that turn red, and two charts
• PROJECT SETUP — property, purchase, loan terms (rate, points, fees, term), interest basis (drawn balance or full loan), hold period, monthly costs, contingency % and selling-cost %
• REHAB BUDGET — 45 starter line items in 12 categories plus 5 spare rows; budget vs actual vs remaining, % complete, status (Not started / In progress / Complete / OVER), category roll-up, forecast at completion
• DRAW SCHEDULE — 12 draw rows with Category Guard, Loan Guard, inspection status, lien-waiver roll-up, lender fees, cumulative funded and a draws-by-category table
• LIEN WAIVERS — 20-row log by payee and draw: waiver type, requested / received dates, and a red WAIVER MISSING flag once a draw is funded
• HOLDING COSTS — 12-month interest, taxes, insurance, utilities and other, limited to your planned hold period
• Quick-Start-Guide.pdf — 4 pages: 5-minute setup, a worked guard example, reading the dashboard, clearing the sample data, a weekly routine
• README-license.txt — single-buyer license
• COMPATIBILITY: Built with standard formulas (no macros, add-ins or XLOOKUP). Verified in LibreOffice; designed for Microsoft Excel and Google Sheets.
• SAMPLE DATA: The workbook opens with a fictional sample property (an amber SAMPLE banner shows on every sheet) including a planted overdraw so you can watch the Category Guard fire. Replace the sample address and the banner disappears.

Key features

• 45 line items, 12 categories → budget vs actual vs remaining per line, % complete, status flags and a forecast at completion, with contingency % as your own input
• Category Guard → compares each category's running draw total against its budget and flags overdraws before the money goes out, showing the dollars left
• Loan Guard → counts the amount funded at closing plus all draws logged, and flags you before the total passes your loan commitment
• Real lien-waiver log → 20 rows by payee and draw, with a red WAIVER MISSING flag once a draw is funded
• Holding costs that respect your timeline → interest, taxes, insurance and utilities counted only for your planned hold period, with an interest-basis switch (drawn balance or full loan)
• Flip dashboard → projected profit at YOUR ARV, total invested including lender draw fees, break-even sale price, estimated cash you bring, loan position, attention items and two charts
• Universal formulas only → no macros, no add-ins, no XLOOKUP; works in Microsoft Excel, Google Sheets, and LibreOffice