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Six Myths About Inn Financing

  • Post author:Rita Robinette
  • Post published:September 4, 2019
  • Post category:Articles/B & B Financing Options/Bed & Breakfast Loans / Inn Financing/Featured Articles/Innkeepers/Sell an Inn

By Rick Newman, Founder of Commercial Capital Network 1. Any bank will finance the purchase of…

Continue ReadingSix Myths About Inn Financing

How much do I need to have for a down payment to purchase an inn?

  • Post author:Rita Robinette
  • Post published:February 27, 2019
  • Post category:Aspiring Innkeeper FAQs

Buyers should have 30% of the project cost to cover the following: Down Payment – 10%…

Continue ReadingHow much do I need to have for a down payment to purchase an inn?

Are inns offered “For Sale by Owner” worth considering?

  • Post author:Rita Robinette
  • Post published:February 27, 2019
  • Post category:Aspiring Innkeeper FAQs

They could be, but it is difficult for a seller to impartially establish the value of…

Continue ReadingAre inns offered “For Sale by Owner” worth considering?

How can I know if I qualify for a loan to purchase an inn?

  • Post author:Rita Robinette
  • Post published:February 27, 2019
  • Post category:Aspiring Innkeeper FAQs

A prequalification involves the review of a loan application and supporting documentation and is comprised of…

Continue ReadingHow 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?

  • Post author:Rita Robinette
  • Post published:February 27, 2019
  • Post category:Aspiring Innkeeper FAQs

After the offer and contract have been negotiated and accepted, the mortgage contingency period will begin.…

Continue ReadingHow 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?”

  • Post author:Rita Robinette
  • Post published:February 26, 2019
  • Post category:Aspiring Innkeeper FAQs

This is the million-dollar question… Most aspiring innkeepers who contact me do so prior to beginning…

Continue ReadingCan the Inn I love be… “The Inn of My Dreams?”

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  • About
    • About CCN
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    • Loan Prequalification
    • Prequalification Check List
    • Verified Financials Overview
    • Commercial Loan Application
  • Loans
    • Hospitality Loans
    • SBA 7a & 504 – Overviews
    • 401K/IRA FAQs
    • Commercial Loan Application
  • Resources
    • Aspiring Innkeeper Frequently Asked Questions
    • Articles for Aspiring Innkeepers
    • Tips for Innkeepers
    • Innkeeper Training Events
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    • B&B, Inn & Hospitality Brokers and Consultants
    • Bed & Breakfast Inns for Sale
  • Innkeeper Training
  • Inn Videos-Blogs
    • Featured Inn Videos
    • Inn Blogs
Menu
  • About
    • About CCN
    • Richard K. Newman, CCN Founder
    • Commercial Loan Application
  • Reviews & Clients
  • Loan Prequalification
    • Loan Prequalification
    • Prequalification Check List
    • Verified Financials Overview
    • Commercial Loan Application
  • Loans
    • Hospitality Loans
    • SBA 7a & 504 – Overviews
    • 401K/IRA FAQs
    • Commercial Loan Application
  • Resources
    • Aspiring Innkeeper Frequently Asked Questions
    • Articles for Aspiring Innkeepers
    • Tips for Innkeepers
    • Innkeeper Training Events
    • Inn / B & B Resources
    • B&B, Inn & Hospitality Brokers and Consultants
    • Bed & Breakfast Inns for Sale
  • Innkeeper Training
  • Inn Videos-Blogs
    • Featured Inn Videos
    • Inn Blogs

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