Proceeds to be used for soft costs for hotel development - plans, permits, entitlements.

When jumping into building from the ground up, try to always know you True Cost.Both Soft Cost and Hard Cost. 

I think you'll have better luck calculating all of your costs, hard and soft, and make an offer with the margin you need to take it on.

The office market is very soft in most suburbs but the inner core is doing really well.

And those sophisticated enough to realize this will expect these types of soft cost.Its the same when I develop a subdivision  I don't even take it to the bank until I have pre approvals.. which in our state runs on the low end 75k to high end of 125k depending on Scope..

I don't think most buyers look at cabinet box construction, however I would make sure the drawers glides and hinges have the soft-close/blumotion hardware built-in.

Figure out all my hard costs, soft costs and financing costs for that portion of the development, then add a markup for my developer profit.2.

So track record of the lender is key.Giving a quote over the phone before reviewing the borrower and the property is just a soft quote.

Before purchasing I was shown that the bathroom floor had a soft spot in it.

My ultimate goal is to take a "soft" retirement by 35 years old (2025) by thriving off of passive income created by buy and hold real estate.