|
Beverly Hills Mint handles both Purchase
and Refinance Hotel / Motel transactions.
Hotel / Motel Transactions are cash flow based
transactions. Lenders prefer to see flag hotels
with high historical occupancies and a
consistent Average Daily Rate (ADR)
For Rate and term transactions we can go up to
80% LTV. Cash-out's depending on the amount and
reason are subject typically to a 1.30:1 DCR.
We have specialty lenders that are doing
Hotel / Motel Transactions.
Call a specialist at
(310) 765-7500 for further analysis.
|
