The Aerie
"For many years, we thought about owning a Bed & Breakfast when the time was right.…
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The Aerie
How much do I need to have for a down payment to purchase an inn?
Buyers should have 30% of the project cost to cover the following: Down Payment – 10%…
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How much do I need to have for a down payment to purchase an inn?
Are inns offered “For Sale by Owner” worth considering?
They could be, but it is difficult for a seller to impartially establish the value of…
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Are inns offered “For Sale by Owner” worth considering?
How can I know if I qualify for a loan to purchase an inn?
A prequalification involves the review of a loan application and supporting documentation and is comprised of…
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How can I know if I qualify for a loan to purchase an inn?
How long will it take, beginning to end, to close once I have identified the Inn of our dreams and made a buying decision?
After the offer and contract have been negotiated and accepted, the mortgage contingency period will begin.…
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How long will it take, beginning to end, to close once I have identified the Inn of our dreams and made a buying decision?
Can the Inn I love be… “The Inn of My Dreams?”
This is the million-dollar question… Most aspiring innkeepers who contact me do so prior to beginning…
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Can the Inn I love be… “The Inn of My Dreams?”
Financing a Bed & Breakfast/Inn
All Bed & Breakfasts/Inns are unique by design; in fact, it is that unique quality that…
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Financing a Bed & Breakfast/Inn
To Inn Owners and Aspiring Innkeepers:
"We decided to list our inn for sale with the B&B Team, knowing and expecting special…
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To Inn Owners and Aspiring Innkeepers:
Prequalified Buyers
The Prequalified Buyer designation was designed to provide Aspiring Innkeepers a credible way to quantify how…
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Prequalified Buyers
Rachael’s Dowry
…“Sometimes when the climb is long, winding and rough, your best option is to hire a competent guide and patient mentor to lead the way. The process of finding and buying the right B&B looked like a very steep climb
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Rachael’s Dowry
The Hoyt House
…“My husband Ricky and I decided to leave the corporate world and fulfill our dream of owning and operating our very own Bed and Breakfast. The search for the perfect B&B was on immediately.
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The Hoyt House
Fox Hill Bed & Breakfast Suites
“From our initial telephone conversation and throughout the entire process, your professionalism was outstanding. Your guidance,…
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Fox Hill Bed & Breakfast Suites
The Wagner at Duck Creek
…“Rick was an incredible asset during a very long acquisition process of what is now The Wagner at Duck creek. Quite literally, we would not have endured the process or conclude with such a successful outcome if it were not for his wise counsel,
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The Wagner at Duck Creek
"Rick Newman made our first commercial loan experience seem effortless. "
Reynolds Mansion
"Rick Newman made our first commercial loan experience seem effortless. He walked us through the financing…
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Reynolds Mansion
Old Stone Inn
"Rick stuck with me through a difficult financing process, and got me the money I needed…
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Old Stone Inn
Palms Cliff House
"Rick made the loan process seamless. He explained everything clearly and answered all of our questions…
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Palms Cliff House
Crystal Wood Lodge
"It was certainly a pleasure doing business with you Rick, and I wouldn't hesitate to do…
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Crystal Wood Lodge
Arnold Black Bear Inn
…“We had been trying, unsuccessfully for over a year to refinance our B&B with local banks, national banks, online commercial lenders and brokers, without any luck. We finally got in touch with Rick, and got the process started, which was pretty painless.
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Arnold Black Bear Inn
Verified Financials™ Overview
CCN’s Verified Financials™ program is designed to provide Innkeepers and realtors a designation that can be…
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Verified Financials™ Overview
Prequalified Buyer™ Overview
CCN’s Prequalified Buyer™ designation, was created to provide Aspiring Innkeepers a way to document how much…
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Prequalified Buyer™ Overview
