FAQ
Frequently asked questions
Straight answers to what investors ask before they request access. Don't see your question? Get in touch.
About Foundry
What is Foundry?
Foundry is an operating system for real estate investment businesses. A single deal record carries the lead, the offers, the underwriting for every exit strategy, the rehab scope and contractor bids, the change orders and lien waivers, the lender funding and draws, the disposition listing, and the double-entry accounting.
Who is Foundry for?
Active investors who run deals as a business — wholesalers, fix-and-flippers, BRRRR investors, landlords, creative-finance buyers, note sellers, and small developers — plus the teams, contractors, and private lenders who work with them.
How is Foundry different from a deal calculator?
A calculator stops at the offer. Foundry sends the offer, records the seller's response, bids the rehab to contractors, tracks change orders and waivers, requests lender draws, lists the property to buyers, and posts every dollar to a chart of accounts.
Is Foundry open to sign up?
Not yet. Foundry is invite-only while we onboard operators in waves. Join the waitlist and we'll send your invite when a slot opens.
Leads and offers
How do leads get into Foundry?
Your organization gets its own inbound email address as a $2/mo add-on. Seller and wholesaler emails arrive as leads with the property address extracted and the sender classified, ready to screen against your buy box.
Which offer structures are supported?
Cash, conventional, subject-to, seller financing (amortized, interest-only, or equal payment), lease option, equity share, wholesale, and wholetail — and you can present several of them to one seller in a single letter.
How does a seller respond?
Through a private link. They can accept, reject with a reason, or counter — up to three rounds, with defaults you set at the organization level. An accepted offer converts into a deal carrying the agreed money verbatim.
Deal analysis
How does Foundry calculate ARV?
Comparable sales are pulled within a configurable radius and price band, weighted by status (sold, pending, active) and similarity, with distressed low outliers excluded. Every comp is visible and overridable, and each ARV carries a confidence rating.
What's the formula for MAO?
Foundry uses MAO = (ARV × LTV%) − Rehab − Holding − Fees − Profit. Every input is adjustable per deal and per strategy.
Can I underwrite the same property with multiple exits?
Yes. One input set drives fix-and-flip, BRRRR, long-term, short-term, and mid-term rental, wholesale, wholetail, seller finance, and ground-up math in parallel, with feasibility gates and a solver that shows what would have to change to make a failing exit work.
Projects, contractors and materials
How does bidding work?
Send a bid request per scope or for the whole project. Contractors submit through a private link, labor-only or labor plus materials, and the winning bid is awarded into the budget and handed off as the scope of work.
How are change orders handled?
Item by item, with the contractor accepting on the record. Contract amount, change orders, committed cost, and paid-to-date stay reconciled on every job.
Does Foundry handle lien waivers and W-9s?
Yes. Conditional and unconditional waivers are raised automatically against contractor jobs, tied to the payment they cover, signed by link, and gated on a W-9 before payment goes out.
How do material receipts work?
Photograph or upload the receipt and Foundry drafts the line items for you using your own OpenRouter key. You can also import material lists by CSV with column mapping, and track contractor credits as net or collect.
Funding and disposition
What's in a Foundry funding proposal?
Your branding, the property with photos, deal financials, the proposed structure and terms, budget, and risk narrative — versioned and fingerprinted, delivered as a private lender page and exported as PDF.
Do lenders see my private data?
No. Lender-facing pages are scoped to what supports the loan decision — not your margins, buyer list, or unrelated deals.
How do I market a property to buyers?
Publish it to your branded public storefront as a wholesale assignment, seller-finance terms, or a note for sale, with social-share previews, buyer capture, and search-visibility control.
Accounting, data and access
Is the accounting real?
Yes — a genuine chart of accounts with strategy-aware routing, double-entry journal entries, corrective reversals, per-deal P&L, and CSV export for your bookkeeper.
Can I control what my team sees?
Yes. Roles are built from domain-level permissions, and money visibility is gated separately, so a project manager can run the schedule without seeing contract amounts.
Is my data really mine?
Yes. You can export your deals, budgets, comps, ledgers, and proposals at any time. We never share or resell underwriting data.
How is my data protected?
Data is stored in a secure cloud backend with row-level security, scoped to your organization, with an append-only audit trail on changes.
Pricing and billing
How much does Foundry cost?
Starter is $29/mo, Pro is $79/mo, and Enterprise is $199/mo. The Leads Inbox add-on is $2/mo on any plan, and annual plans receive roughly two months free.
Do contractors and lenders cost a seat?
No. They participate through private links and never consume a paid seat.
Is there a free trial?
Yes. Every invited operator gets a 14-day full-access trial. We don't ask for a card up front.
Invite-only beta
Run every deal through one operating system.
Stop juggling spreadsheets, PDFs, and group chats. Join the waitlist and we'll send your invite in the next wave.
