By Rick Newman, Managing Partner of Commercial Capital Network, LLC The BIG Picture: All Bed & Breakfasts/Inns are unique by design; in fact, it is that unique quality that separates one Bed & Breakfast/Inn from the next. Innkeepers invest their energy and capital over time to create a welcoming and hospitable environment that is unique [...]
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The Value of Appraisals/Valuations Prior to Marketing Your Inn
October 19, 2010 by admin
Filed Under: Sell an Inn Tagged With: Aspiring Innkeepers, B&B Evaluation, B&B Realtors, Commercial Loans, Commercial Mortgages, Inn Specialist Realtors, Innkeepers, Inns for Sale, Refinancing
Using 401k/IRA Assets to Purchase a Business or Commercial Property
September 8, 2010 by admin
By Rick Newman, Managing Partner of Commercial Capital Network Few investors/entrepreneurs realize that they have the ability to finance the purchase of a business with retirement funds. Most people believe that there are only two options available to them if they want or need to access capital from their plan/s. Borrowing involves repaying the principal [...]
Filed Under: Inn Investment / Purchase Options Tagged With: 401(k) Investment Options, 401k Aspiring Innkeepers, 401k down payment, 401k Funds, 401k investment, 401k Loans, 401k Roll Over, Aspiring Innkeepers, ERISA, Inn Specialist Realtors, Inns for Sale, Investment Options 401k, IRA Aspiring Innkeepers, IRA Roll Over, Retirement Assets, Roll Over into Self Directed IRA, Sel Directed IRA, Self Directed 401(k), Self Directed Retirement Account
Verified Financials™ Overview
August 31, 2010 by admin
CCN’s Verified Financials™ program is designed to provide Innkeepers and realtors a designation that can be used to instantly differentiate their hospitality property listing from other B&B listings on Industry Websites, Multiple Listing Services, and conventional advertising. CCN’s Verified FinancialsTM certification signifies that an independent evaluation of the inn’s business financials has been conducted and [...]
Pre-Qualified Buyer™ Overview
August 31, 2010 by admin
CCN’s Pre-Qualified Buyer™evaluation and designation, was designed to provide Aspiring Innkeepers a credible way to quantify how much purchasing power they really have as it relates to identifying hospitality properties that best fit their financial qualifications and investment objectives. The designation, certifies that a review has been conducted according to generally accepted commercial underwriting guidelines, by verifying [...]
Filed Under: Inn Investment / Purchase Options Tagged With: Aspiring Innkeepers, B&B Evaluation, B&B Financing, B&B for sale, B&B Realtors, bed and breakfast financing, Certifications, Certified Buyer, commercial financing, Commercial Loan, Commercial Loan Pre Approval, Commercial Loan Pre-Qualification, Commercial Loans, Home-Pre-Qualified Buyer, Inn Specialist Realtors, Inns for Sale, Pre-Approval, Pre-Qualification, Pre-Qualify, Qualification Ratios for Commercial Loans, Qualification Ratios for Commercial Mortgages
