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Updated almost 15 years ago,
Funding Possible?????
I am looking to buy a small hotel or motel franchised that's a bank owned property? I am a new investor and this will be my first property. I don't have good credit I want to know if I can get funding for the project I have seen commercial lenders and investment groups that advertise that credit not a issue that are not hard money lenders. The hotel is 3.5 mil with a positive cash flow.