Investment Opportunity in Hospitality Out in Texas
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Dec 2013
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    713

    Investment Opportunity in Hospitality Out in Texas

    Hotel is in Hillboro, TX

    I have a client looking to partner up with an investor as follows:

    Option A: Investor buys the hotel for $245,000 cash (close in 7days), then offer it back to client with 20% down seller financing.
    Option B: Client puts up $85,000 cash, investor puts $160,000 cash, & yall start a new entity LLC, splitting accordingly.

    PM me if you have interest. Email me if you already know me.

    Thanks

  2. #2
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Wanted to put that back out there, while it's still broad daylight...

  3. #3
    Senior Member Reputation points: 70218 Olderguy's Avatar
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    Sep 2021
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    Irvine, CA
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    You can't buy the hotel and finance it for $85K cash down payment on a $245K purchase price? 65% Loan to Value?
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  4. #4
    It seems like you're seeking potential investors or partners for a hotel deal. I will sugest is to one of my friend

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