News / Articles / Information and Resources for Bed and Breakfast Inn Owners and Aspiring Innkeepers; Financial Related Articles; Articles about loans to purchase or refinance an Inn.
Answer: A pre-qualification involves the review of a loan application and supporting documentation and is comprised…
Answer: Buyers should have 30% to 40% of the project cost to cover the following: Down…
Answer: A LOI (Letter of Interest or Term Sheet) in commercial lending is issued after a…
Answer: After the offer and contract have been negotiated and accepted, the mortgage contingency period will…
Answer: A knowledgeable “B&B Industry Specialist Realtor” should be engaged very early on to consult on…
Answer: In most cases, yes. Our plans are designed to meet the IRS requirements for qualified…
Answer: Retirement planning is a highly specialized field; for this reason, we recommend that you use…
Answer: Not a problem. You can consolidate all your retirement accounts in the new retirement plan.
Answer: Aspiring innkeepers should attend industry conferences and aspiring seminars to get a feel for the…
Answer: They could be, but it is difficult for a seller to impartially establish the value…
Few investors or entrepreneurs realize that they have the ability to self-direct their own retirement assets. Most believe the only two options are to borrow or withdraw from their account/s if they wish to invest in real estate or purchase/start up a new business. The downsides are…
By Richard K. Newman, Founder - Commercial Capital Network, LLC The last time we had interest…
All Bed & Breakfasts/Inns are unique by design; in fact, it is that special and unique…
Conventional wisdom among B&B/Inn consultants is that an innkeeper should have an exit strategy the day…
By Rick Newman, Founder of Commercial Capital Network 1. Any bank will finance the purchase of…
The Prequalified Buyer™ evaluation and designation provides Aspiring Innkeepers a credible way to quantify how much…
Aspiring innkeepers should attend industry conferences and aspiring seminars to get a feel for the kind…
Buyers should have 30% of the project cost to cover the following: Down Payment – 10%…
They could be, but it is difficult for a seller to impartially establish the value of…
A knowledgeable “B&B Industry Specialist Realtor” should be engaged very early on to consult on matters…
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