Ramp for Real Estate: Cards, Bill Pay and Expense Tracking
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Most of Ramp's value for a real estate company comes from three tools: cards, bill pay and expense tracking. This post shows how each one can work for a property company or a deal LLC. All Ramp facts are from its pricing and support pages, read on November 3, 2026.
Cards for people and projects
Give a property manager, a construction lead or an on-site employee their own card with its own limit instead of sharing one number. Virtual cards work well for single vendors, such as a roofing contractor or a software subscription, so a charge outside the plan is declined. Ramp does not publish card limits, so ask what limit you would get. Limits depend on factors such as cash balance and cash flow, and there is no personal guarantee, per Ramp's support page.
Bill pay for contractors and vendors
Ramp's bill pay reads an invoice, routes it for approval and pays by check, ACH, card or wire. For a renovation with several contractors, that means one place where invoices arrive, who approved each one and what was paid. Ramp lists free wires and same-day ACH through bill pay on its checking account.
Expense tracking for your bookkeeper
Receipts are matched to card spend and categorized so a bookkeeper can close the month faster. If your LLC files a partnership return, your accountant still decides how each cost is treated. Ramp does not prepare your taxes or K-1s.
What to know before you apply
- Ramp needs an EIN, a U.S. address that is not a PO box, virtual office, registered agent or mail forwarding address, and a linked business bank account.
- A new LLC with little cash may not meet the $25,000 floor yet. Mercury may fit better until the balance grows. See Is Mercury good for real estate investors?
- Plus is $15 a month per user plus a platform fee, and Free is $0, per Ramp's pricing page.
- The corporate card is a charge card, so plan to pay it from your account on Ramp's schedule. Read the card terms.
Which one does DoorRaise suggest?
DoorRaise uses one simple cutoff: how much the company expects to keep on deposit. DoorRaise suggests Ramp by default. When the company will keep under $25,000 on deposit, it suggests Mercury. Both are fine, and you can choose either. A new deal LLC cannot open Ramp before closing (Ramp needs at least $25,000 in cash), so it opens Mercury first to receive the closing funds and can move to Ramp after closing. Ramp's own support page says an applicant needs at least $25,000 in cash across the U.S. business bank accounts linked to the application, which is why the line sits there. DoorRaise deal accounts follow the same suggestion: with Mercury, DoorRaise tracks payouts automatically; with Ramp, distributions go through DoorKeeping's ACH payments or a payout file you upload to Ramp.
Open a Mercury account or apply for Ramp. DoorRaise may earn a referral reward if you sign up through these links.
Related guides: Bank accounts and cards and Ramp Treasury for idle deal cash.
How DoorRaise fits in
DoorRaise helps sponsors raise equity for apartment buildings from their friends and followers under Rule 506(b) or 506(c), with verified accredited investors only. Investors' purchase money goes into escrow at Enterprise Bank & Trust by wire only, and wire instructions appear once escrow is open. The deal's operating account at Mercury or Ramp is a separate account that you open for the LLC and use after closing. Fees: $1,500 to set up (non-refundable), then $5,000 a year from closing (only if the deal closes). See pricing or how it works.
FAQ
Can I put property expenses on a Ramp card?
Cards are for business spending, and you set limits and merchant controls. Keep each LLC's spending on its own card and account so the books stay clean.
Does Ramp pay my contractors?
Ramp's bill pay can pay by check, ACH, card or wire, with approvals you set.
Does Ramp replace my property management software?
No. Rent collection, leases and tenant records stay in the manager's system.
Sources
This article is general information as of November 2026, not legal, tax, banking or investment advice. Provider details come from each provider's own public pages, read on November 3, 2026, and change often, so confirm them before you apply. Ask your own lawyer and accountant. DoorRaise is not a law firm, broker-dealer, investment adviser or funding portal.