Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more.
Build a Cash-Flowing Glamping Business with High Equity Upside
Whether you're starting from scratch or expanding existing hospitality operations, learn the practical frameworks needed to capitalize on the growing demand for upscale outdoor experiences.
@Dan V. The lender I found was from the loan broker https://www.janover.ventures/ I filled out the info, and they matched me with the Lender. The one I matched with was from FL, and I'm in WA, so they must lend to VA as well. I am not affiliated with them, nor do I get any commissions, I am just trying to find the best options for myself.
For the Commercial Loan: Min Loan $800k Occupancy rate above 80% Min 20 lots Metro >200k people Housing Price: >$100k 3bedroom apt rent: >$1000
For seller financing terms I look for... are fully amortized loan or a Master Lease with Options
Fully Amortized Loan Terms: Assumable loan Buy a loan extension (How much extra % is it worth? Any additional pay offs for extras still being paid off? Non-recourse (that way I don't get a penalty for refinancing the loan before the end of the balloon) Low Interest (4%) Long loan term (30days) Low Down (0% Hopefully)
OR A Master Lease with Options... Master Lease with Options: (that way I can come into the park and do what I need to do to bring the park up to a well running park, and buy it at part of that price) Pay the cash flow to the park, or partial payment after I take. What if the park isn't going well? Pay off in 5 years? $10K down? Balance non-recorse Short payment will be loaded to the end of the note, fully amortized loan
