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Updated almost 2 years ago on . Most recent reply

User Stats

284
Posts
85
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Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
Votes |
284
Posts

Commercial Loan for Vacation Destination?

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

Let's say you have your eye on a 100 acre tract of land you would like to build 5 vacation rentals on. 

The seller is willing to sellers finance up to 2/3 of the land. 

How would you approach creatively structuring this deal to accelerate the builds? 

Ideally, I would like to start 2-3 at once, but I may only qualify for the first one starting out. 

Is there such a thing as a commercial loan for vacation destinations? 

Most Popular Reply

User Stats

1,215
Posts
1,269
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Zach Edelman
  • Lender
  • Austin, TX
1,269
Votes |
1,215
Posts
Zach Edelman
  • Lender
  • Austin, TX
Replied

Do you have experience doing similar projects? This will heavily effect you're ability to receive financing on such a large scale and unique project. 

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