HEY
wantting information on any place any one knows that will do hotel /motel funding bridge loans for 12 to 24 months ?
And will do the bridge /loan on the merits if possible the hotel /motel ?
THANK S FOR THE HELP
HEY
wantting information on any place any one knows that will do hotel /motel funding bridge loans for 12 to 24 months ?
And will do the bridge /loan on the merits if possible the hotel /motel ?
THANK S FOR THE HELP
Hi,
I need a little more information to determine if one of my resources may be able to help you!
Please tell me the state and city?
What class of hotel / motel?
How many guest unit’s?
Is this a franchise property?
Are there complete records for last 2 years?
GR
OKAY
The property is in Oregon State town of Pendleton
I can get P & L S for the last two years yes
It is not a franchise
It has 40 uints and is part of a chain called RODEWAY INN
I may be able to help you with that, assuming that since Rodeway is a franchise it is flagged. Rates are aroung 6.5% for a bridge on a full doc deal.
Let me know
can not go full doc
What else you have ?