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Updated almost 7 years ago on . Most recent reply

User Stats

53
Posts
5
Votes
Kyle Davis
  • Appraiser
  • Ottertail, MN
5
Votes |
53
Posts

Hotel Investors Needed

Kyle Davis
  • Appraiser
  • Ottertail, MN
Posted

Hey BP Guys!  I've come a long way in raising money for a new hotel in central Minnesota and have pushed the limits of the people I know that like to invest in real estate projects.  At the moment, I need about another $300,000 to get a franchised hotel built in central Minnesota.  I already have $800,000 raised and am running out of options of people that like to invest in hotels.  Unfortunately, that $300,000 cannot come as debt (aka Gap loans, Hard Money, etc), but it has to be actual cash.  Anybody know of somebody that does this kind of thing?  Thanks!

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