https://www.propertyinvesting.com/members/carolinaconch/activity/ Activity feed for carolinaconch. Fri, 17 Apr 2026 20:24:56 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 73873635dc8d7053afdd08b2aa1af0fe https://www.propertyinvesting.com/topic/4396914-motel-investment/page/4/#post-4607360 Tue, 07 Jun 2011 17:58:46 +0000 It is acctually a Motel/Hostel having 11 Motel units and a 60 bed hostel. The deal is financed at 6.5% for 30 years with a 2 point fee.The Lender loves the idea all I had to do was show him the 5 year projections. The key to this property is it was bought to be torn down to build condos in 2004. The plans to build the condos took 3 years to get…[Read more]

]]> a7ece94c7823adce2e290822cc22bfcd https://www.propertyinvesting.com/topic/4396914-motel-investment/page/4/#post-4607358 Mon, 06 Jun 2011 17:27:37 +0000 I Myself am actually in the process of buying a motel, I found it to be a buyers market for sure. The area I am looking to buy in has a huge tourism market that has risen because of the violence in Mexico, but the property values have dropped. I have secured 3 million in financing I'm just short 150k or so. But I don't plan on leasing the property…[Read more]

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