We sold 70% of the packages off in 90 days and the remaining 30% were sold in 12 months.

We dug a little deeper and found out the city had a timeline to expand water and sewer services within 18 months.

This is a post-closing penalty charged by the Escrow Administrator to extend the renovation period beyond the maximum renovation term of 180 days in the event renovation is not completed within agreed upon terms.

The permitting process is expected to take a few months to finalize.

I'm also an investor in the local market that has scaled my portfolio to over $10K+ month in net cash flow.

I have a client house hacking in Hoboken who bought for a bit over $1.3m - they live in the top duplex 2/1.1 and rent the bottom duplex 2/1.1 as an MTR now and probably will make 4k/month.

It's not likely you'll be able to rent rooms out for 1500-2K per month unless it is an extremely nice house/area.

@Jonathan Bremner Happy to talk about investing over here in WNC sometime if you like, to make intros that might be helpful, and to host you at one of our monthly BP meetups in Asheville.

Tenants in arrears due to “loss of income related to COVID-19” have a six-month grace period—without late fees!

I tried for months to find a lender for MF (10+ unit) before connecting with a broker.