How long does that take?

This is why blending different sources of equity within a project that has multiple phases of development can be a more challenging capital raise.Separately, from a GP standpoint, if you can take down the entitlements without LP capital, you stand to negotiate better terms.

It has had higher appreciation than nearby towns since the pandemic and you should be cash flow neutral or slightly positive day one as a long-term rental with a 20% downpayment.Note that zillow and other websites greatly understate your property taxes. 

It may be possible for the homeowner to talk with their lender's workout department and negotiate terms to pay off the arrears, penalties and late fees on a new schedule. 

Say you had a long rectangle going back.

This is a apprenticeship program.1 Year long.

. 🚧🔨🔥 Brand-new construction from the ground up🔥 Spacious, open-concept layout🔥 High-end finishes & custom design🔥 Prime location—walk to shops, dining, & parksThis one won’t last long!

Eventually a nice vacation rental on the water that we can also use for short term rentals.

I'm Fitz from Long Island, New York.

Or you can just do a rate and term refinance and payoff what you owe.