Renovating a Boutique Motel Using SBA Financing

Renovating a Boutique Motel Using SBA Financing

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Q: Hello, Beau. I need your assistance with SBA financing. How can I best structure SBA financing for renovating a boutique motel? Thank you for generously sharing your knowledge. I greatly appreciate it.

Terry

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Timestamps:
(00:04) Question about renovating a boutique motel
(00:18) The importance of experience in the hospitality industry for SBA financing
(00:42) Explaining that SBA 7a and 504 loans can finance the hospitality industry
(01:33) A case study of successful loan approval for a young entrepreneur with limited hospitality experience
(01:45) Requirements for tax returns, collateral, and financing options for renovations
(02:07) Get up to 90% financing

💥 Thanks for watching 💥
#HospitalityFinancing #HotelLending #SBA7a #HowtoBuyaMotel

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.