@Corban Clinkscale Have you ask the reference from where from you buying condotel? Mostly local credit union know the area and they do offer fiannces for that particular project.
@Corban Clinkscale The best approach reaching out to local credit union in that area. The reason being they know the project and willing to work with you with better interest rate and lower down payment compare to online lenders for condotel.
I’ve appraised condotel units for lenders. Financing is available. Call me for info 407-3765433
Financing is available (not from big box banks i.e. Chase, Bank of America, etc) usually in the form of 5/1 ARM with 20% down minimum. Google condotel loans.