The 2026 Playbooks
The numbers we lend by. Published.
Eight practical guides across Investor Lending and Commercial Real Estate & Capital Markets. Explore rental-loan qualification, project financing, operating cash flow and the structures behind commercial acquisitions, renovations and refinances. Every playbook is free to read online, with a branded PDF edition you can keep in your deal files.
2026 DSCR Loan Playbook
Rate and LTV matrices by credit tier, qualification thresholds, no-ratio programs, and portfolio scaling.
- Rate & LTV matrix by FICO tier
- Sub-1.0 and no-ratio program rules
- STR income qualification
- Entity structuring for scale
2026 Fix & Flip Playbook
Leverage tiers by experience, draw mechanics, ARV math, and the profit model behind every flip we fund.
- Leverage by track record
- Draw schedule mechanics
- ARV and profit math
- Exit planning: sell vs. BRRRR
2026 STR Investor Playbook
How lenders actually underwrite Airbnb and VRBO income — AirDNA, actuals, and the market rules that move leverage.
- STR income normalization
- AirDNA vs. actuals
- Market and regulation screens
- DSCR math on seasonal revenue
2026 1031 Exchange Playbook
Rules, timelines, and financing structures that keep a deferred gain deferred — including the bridge that saves late exchanges.
- 45/180-day timeline mechanics
- Identification rules
- Bridge-to-DSCR exchange financing
- Reverse exchange structures
2026 Multifamily Financing Playbook
NOI, DSCR, and deal structures for 5+ unit assets — from rent-roll underwriting to bridge and permanent executions.
- NOI and expense-ratio underwriting
- DSCR thresholds by unit count
- Bridge vs. permanent structures
- Value-add financing paths
2026 Hospitality & Hotel Financing Playbook
Hotel acquisition, renovation and refinance financing, from room performance to PIP budgets and the path to permanent takeout.
- Occupancy, ADR and RevPAR
- PIP and renovation funding
- Ground leases and operating cash flow
- Acquisition and completion scenarios
2026 Assisted Living & Memory Care Financing Playbook
Financing for assisted living and memory care acquisitions, development and refinancing, with census, operator and licensing review.
- Census and care-level revenue
- Operator and licensing review
- Construction and working capital
- Acquisition and development scenarios
2026 Car Wash Financing Playbook
Car wash acquisition and refinance financing, including membership revenue, site cash flow, equipment and property ownership.
- Membership and retail revenue
- Site cash flow and operating costs
- Equipment and improvement budgets
- Acquisition and refinance scenarios
2026 NNN & Single-Tenant Financing Playbook
Lease, tenant and cash-flow review for NNN acquisitions, bridge loans and refinancing, with a practical rollover worksheet.
- Tenant and guarantor review
- Lease term and renewal options
- Bridge and loan assumption questions
- Cash-flow and rollover worksheet
2026 Build-to-Rent Financing Playbook
Connect land and construction, phased delivery, lease-up reserves and permanent debt in one project financing plan.
- Construction through permanent debt
- Phasing and shared infrastructure
- Lease-up carry and reserves
- Permanent-debt capacity worksheet
Put a playbook to work on your next deal.
Select any guide above for the complete online edition and its PDF download. When you have a property and a business plan, bring the scenario to 818 for a financing review.
Discuss a financing scenario →Reading is step one. Pricing is step two.
Every playbook ends the same way: run your actual deal through the desk and see where you stand.