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Updated almost 8 years ago on . Most recent reply
![Patrick Philip's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/604747/1694726531-avatar-richardf65.jpg?twic=v1/output=image/cover=128x128&v=2)
Has anyone here built a commercial property?
Is it realistic that I would be able to qualify for a loan to build a hotel or apartment complex? I only make $36,000/year. I wholesale on the side but have not done a deal yet.
What does it take to conduct market research to make sure it will be profitable?
Most Popular Reply
![Chinmay J.'s profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/518494/1621480843-avatar-cj_natsfan.jpg?twic=v1/output=image/cover=128x128&v=2)
Originally posted by @Patrick Philip:
what about sending letters to all local complex and hotel owners asking if they'll sell to me 100% owner financed?
You should absolutely do it. Also ask them to throw a Cadillac in the mix. Definitely can't hurt. Whatchu gotta lose? Let us know how it goes..