Mountain Laurel Creek Inn & Spa
Congratulations to Stuart Ramsey and Jeffrey Scott Cudd, new owners of the Mountain Laurel Creek Inn…
Abbington Green
"We had been considering buying a Bed & Breakfast for several years. We stayed at B&B’s regularly…
Abbington Green Bed & Breakfast Inn and Spa
Congratulations and Best Wishes to Cherie Thorn and Dean Whiteford on their recent purchase of Abbington…
Marrero Guest Mansion
Congratulations to Travis and Azie Shelhorse, founders and owners of Verdigreen Hotels & Residences, on their…
Abbington Green Bed & Breakfast Inn & Spa
Congratulations and Best Wishes to Cherie Thorn and Dean Whiteford. It was a pleasure to work…
One-Day Comprehensive Seminar
One-Day Comprehensive Seminar July 24, 2021-July 24, 2021 (8:30 AM-5:00 PM) Learn the essentials of finding,…
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar November 20, 2021-November 20, 2021 (10:00 AM-4:00 PM)…
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar March 12, 2022-March 12, 2022 (9:00 AM-5:00 PM)…
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar April 9, 2022-April 9, 2022 (9:00 AM-5:00 PM)…
Better Way to Buy an Inn™ Virtual Seminar
Better Way to Buy an Inn™ Virtual Seminar May 21, 2022-May 21, 2022 (9:00 AM-5:00 PM)…
Aspiring Innkeeper FAQs
How do I determine how much I can afford before I begin shopping for a B&B/Inn?How…
How do I determine how much I can afford before I begin shopping for a B&B/Inn?
Answer: A pre-qualification involves the review of a loan application and supporting documentation and is comprised…
How much do I need to have for a down payment to purchase an inn?
Answer: Buyers should have 30% to 40% of the project cost to cover the following: Down…
How can I know how much of a loan I need to purchase the “Inn of my/our dreams?”
Answer: A LOI (Letter of Interest or Term Sheet) in commercial lending is issued after a…
How long will it take, beginning to end, to close once we have identified the Inn of our dreams?
Answer: After the offer and contract have been negotiated and accepted, the mortgage contingency period will…
How do I determine a fair offering price for the inn/s I am considering?
Answer: A knowledgeable “B&B Industry Specialist Realtor” should be engaged very early on to consult on…
Can I really use my retirement funds to open a business without taxes or penalty?
Answer: In most cases, yes. Our plans are designed to meet the IRS requirements for qualified…
What if my accountant (or lawyer) isn’t familiar with this type of financing plan or isn’t sure it could be done?
Answer: Retirement planning is a highly specialized field; for this reason, we recommend that you use…
What if I have more than one retirement savings account?
Answer: Not a problem. You can consolidate all your retirement accounts in the new retirement plan.
What should I look for when shopping for the inn of my dreams?
Answer: Aspiring innkeepers should attend industry conferences and aspiring seminars to get a feel for the…
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