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133
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36
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Jeff Lipple
  • Wholesaler
  • Utica, MI
36
Votes |
133
Posts

How to purchase a resort with a dozen cabins

Jeff Lipple
  • Wholesaler
  • Utica, MI
Posted

Hi group, I'm looking at purchasing a resort for around $1,000,000 with about a dozen cabins.  Does any one have any experience with this, that may be able to provide some guidance?  I'm thinking I could purchase as a syndication deal like a typical apartment purchase, buy the business entity as a whole through a stock purchase, or some type of seller financing or creative structure.  Any insight is greatly appreciated, thanks!

Most Popular Reply

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2,377
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747
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
747
Votes |
2,377
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

Start with local bank in that area. Local lenders knows about area specially commercial . 

  • Harjeet Bhatti
  • Loading replies...