Boutique Hotel Investing - Financing
Like many in the STR community we has switched our target from STRs to Boutique Hotel investing. We have honed in on a great property with tons on potential here in Richmond, VA. As expected the banks I've talked to thus far (that I have great relationships with) are skeptical about funding. Seller will owner finance the portion she can.
To those who have been walking down this path, how are you funding these projects? Thanks!
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Would DSCR work for something like this?