Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago,

User Stats

16
Posts
6
Votes
Timothy Yost
6
Votes |
16
Posts

[Calc Review] Help me analyze this deal

Timothy Yost
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

A little info..... this is a 20 unit hotel with rooms rented weekly or monthly. It has a restaurant/bar (Liquor license included in purchase price) on first floor that is currently empty so rental info for that is not included in this analysis. Based on local comps, restaurant should rent for another $1000-$1200 monthly. I will be managing to start with and see how it goes. anything else I missed? anyone want to partner? i have nothing for down payment or closing. I will offer 50% of cash flow monthly until beginning costs can be repaid and 100% repayment of costs when able to cash out refi for beginning costs.

This property is in central Pennsylvania. I'm not sure if I want to deal with a bar so could possibly sell liquor license after purchase to payback some of initial cost

Loading replies...