by Bruce Myles | Apr 7, 2020 | San Antonio Hard Money Loans
How does a fix and flip loan work? Well, it somewhat depends on the type of transaction — residential or commercial. However, whether it’s a residential or commercial deal, generally, fix and flip loans work mostly the same. If you’re new to fix and flip loans,...
by Bruce Myles | Apr 1, 2020 | San Antonio Hard Money Loans
Hotel construction financing is tricky, but it’s certainly not impossible. That is to say, that although financing options are limited, they are indeed available, you just have to know where to look and to keep your options open. While government-backed SBA...
by Bruce Myles | Apr 1, 2020 | San Antonio Hard Money Loans
Hotel renovation financing is something that can be done with either a government-backed loan or through private lending sources. Of course, each product has its pros and cons. So, it’s very important to understand what’s involved, the limitations, requirements, and...
by Bruce Myles | Apr 1, 2020 | San Antonio Hard Money Loans
Hotel financing using an SBA 504 loan involves three principal parties: the borrower, an approved lender, and a CDC, or, a Certified Development Company. This type of commercial loan is backed by the federal government. However, as with all SBA loan products, the...
by Bruce Myles | Apr 1, 2020 | San Antonio Hard Money Loans
Hotel financing through an SBA 7(a) loan is one method of getting into commercial real estate investment. It’s also an avenue for those who want to get into the hospitality business and own their own company. When it comes to hotel financing, there are really...