Buying an existing hotel is a great business venture – so is building one. People are always in need of a place to stay that is comfortable and has a pleasant atmosphere and other features nearby. Getting a hotel loan is an important step, even necessary in order to get your new business going. Here [...]
Shopping For a Hotel and a Hotel Loan
Finding the right hotel to invest in is hard. Visit Here http://chittagong-guide.blogspot.com
Finding a hotel loan may be even harder. Here are some tips to help you find the best hotel investment opportunities and position yourself to easily obtain a hotel loan.
Tip One—Location times three
You’ve heard it a thousand [...]
It’s March 2008 and I’m currently working on a rate and term refinance, $3.8 million of an owner occupied Wingate hotel loan in the Midwest. The owner boasts an 82% occupancy for 07, $2,000,000 of gross income, property was built in 02 for a cost of $5.3 million so we’re looking at a loan to value [...]
Hotel loans and hotel financing has become much more limited in the last six months, but there still are options out there. Here are a few things to consider on increasing your chances of getting your hotel loan closed.
First of all, probably 60% maybe 80% of the lenders and banks that where offering [...]
Military personnel need to travel to many foreign places while on active duty and the expenses of such travel are borne by the government. But, there are times when the travel is personal or is for a member of the family in which case the expenses need to be met by them itself. In such [...]
Now that the cruel month of March, your child’s exams, tax-filing, last minute investments hassles to save tax, steep income tax cuts — is finally behind us, it’s about time you must be planning for your next vacation either in India or abroad.
You had cried “exams, exams and exams!!” and suddenly you found them over [...]
Where do you start? Hotel loans whether for purchase or refinance have taken a firm beating in this credit crisis. Basically, there are now only a few options on hotel loans. Probably 90% of all conventional hotel loan progr
Work gives you lot of tensions and stress. Do you want some relief? Just plan for an African safari or any other destination which you’ve been dreaming all your life to roam around and have fun at. Travel loans will assist you to get rid of all your tensions and anxiety. The bulk of tourists [...]
A few years ago I left the forces after serving a full 22 years. I joined the Army straight after leaving school; it still seems like yesterday when I walked into the careers office in Barnsley as a spotty eek. After numerous test, medicals and a 2 day assessment I was told I was going [...]
One endeavor a businessman should take advantage of is a travel business opportunity. Due to a consistent demand of people for travel and vacation, establishing travel agencies is a good stepping stone in engaging full speed into the travel business. The promotion of different tourist spots around the world is not just a great enterprise [...]