Looking for general thoughts/advice on realistic chances of getting this deal funded through SBA or other loan structure allowing for new independent hotel construction and a high LTV in the range of 80-90%:I am a principal with 20 years of experience running an independent hotel but no development experience although I have the right team in place in terms of Architects/GC's/Engineers/Designers etc and a great location with proven demandSolid performance, track record and high ranking on travel sites for current propertyDeveloping a small 31 room boutique hotel (economy/limited service concept interior corridor) on site of current hotelOlder property in need of full tear down as life span is coming to end (built in 50's)Looking to do a full tear down and rebuild with a total project cost of $3.6mm including EVERYTHING - demo, construction, FF&E, entitlements, permits, impact fees, etc.

You can ask for the schedule E of his tax return, which should verify how much income/expense he is claiming- but if he has more than one property it might be hard to figure out what's what.

I feelww e are so close to the finish line that i dont want to give up.

@Stephen E. - the explanation from the technician makes sense.

@Craig E.

We are looking for investor friendly agents who can bring great deals to the table without us not looking at any MLS automated e-mail listings that are market value.

Originally posted by @Carolina E.

@Adam Drummond @Trevor Fritz @Carolina E. 

Extremely valuable info still applicable today)Audio:Basic Economics by Thomas Sowell Good To Great by Jim Collins E-Myth Revisited

@Charles Worth  thanks for the mention Charles always happy to send my Do's and Don'ts e book to fellow BP members.