Seeking LGBTQ-friendly real estate financial/lending source

[Robert Snowden]

After 2 costly & unsuccessful lawsuits with our homophobic former Waco, TX community bank lender, my husband & I are seeking an LGBTQ-friendly funding source to help us re-purchase, rehab & expand our former men's resort property in rural Crawford, TX from the same bank (!) with a targeted 2025 opening.  Full details on the project are available including project description & costs, 3-year income/expense spreadsheet & photos.  Former resort website is still live for reference purposes.  So far a nationwide funding search targeting traditional national, regional & community banks; SBA lenders; & hard money sources has been unsuccessful for numerous reasons - not the least of which is their objection to financing or investing in our type of business.  We've a track record to share and a story to tell as we market our "new" resort to a large & generally untapped upscale customer base throughout Texas as well as both nationwide and internationally.

[Ricardo R.]

@Robert Snowden thank you so much for sharing. Robert, I believe the reason you are having a difficult time findind funding  and the reason why your 2 lawsuits where unsuccessful is becuase YOU ARE SEEKING 'LGBTQ-friendly' funding in the first place. I support you but, what exactly does 'LGBTQ-friendly' funding mean???? --- In fact, this is likely and largely the reason why you are unsuccessul but not for the reasons you may think or infer. The real estate/business lending space is HIGHLY regulated - the same regulations which aid you and protect you as a member of the LGBTQ community or ANY OTHER community also apply in the other direction and to all other consumers. 

The regulations do no allow for you to seek those protections which give you the right (and rightly so) to seek justice towards lenders which descrimante based solely on the the fact that you are LGBTQ aligned whilest you also inturn now only seek 'LGBTQ-friendly' funding sources. A lender even if they did only cater to 'LBGTQ' would be in violation of these regulations if they promoted it... no different than if a lender promoted funding for 'Asian only' or 'Straights only'..... this and any other to include your want of 'LGBTQ-friendly' is a violation of those regulations put in place to protect you and all other cosumers from descrimination.... these protections apply both BOTH WAYS. For example: You would not be able to go to a lender and say 'I only want to work with you and give you my business ONLY if you are LGBTQ friendly' --- in this case, YOU ARE IN VIOLATION... now you can certainly still do this and it is your right if you want to approach it this way... BUT, the mere fact that you are attempting to place a lender in a position in which they will now ostracize all other non-LGBTQ customers is a clear violation of the same regulations put in place to protect you and all other cousmers in the first place and is why they will decline to work with you in this manner... you are forcing them to encroach on the rights of other cosumers to access their services, which is a violation of the cosumer safety regulations impossed on them.  

I would recommend, you instead seek funding sources based solely on the numbers and the mission and would forcast that you would have much much more success in this manner.