Financing options for glamping campground

3 Replies

My brother and I are planning a glamping campground with a goal of 10 - 20 geodomes.  We are looking at different options including purchasing vacant land, small home with land, building a small home on vacant land, open to others.  We are currently ensuring the land is zoned for this type of project/ approved by municipality. We are looking into remortgaging for a portion of the capital in addition to cash or mortgage options. If anyone has experience or advice on creative lending options for commercial or traditional lending we would appreciate it. Thank you.  Joshua

@Joshua Zavitz This won't be easy to do but you'll have to try it through local channels if there's any chance at it.  Bigger Pockets has some great state forums and usually there are good locals that monitor those. Try posting in that state forum. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet

Originally posted by @Andrew Postell:

@Joshua Zavitz This won't be easy to do but you'll have to try it through local channels if there's any chance at it.  Bigger Pockets has some great state forums and usually there are good locals that monitor those. Try posting in that state forum. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet

Thanks Andrew.  I have set up a few meetings with local banks to start. 

@Joshua Zavitz

I’m starting to look at this as well. I’m not sure but I think there may be an SBA loan program that could be used for a real estate development. I don’t know if something this new/trendy/outside the box is something that banks are going to be super excited about. I imagine a really solid pro forma and private capital on board with the project is essential.

A local/regional bank that understands your area and the tourism demand there is more likely to “get it”.