Profile cover photo
Profile photo
Inn Financing.com
4 followers -
Financing for Innkeepers and Aspiring Innkeepers
Financing for Innkeepers and Aspiring Innkeepers

4 followers
About
Posts

Post has attachment
Meet David and Kevin… Kevin and Dave have been interested in owning a Professional B&B business for almost 2 decades. Dave was born in Northern Nevada but has lived in W. North Carolina for 13 years. He is a great cook and a licensed Realtor. Prior to…
Add a comment...

Post has attachment
“Rick was such a pleasure to work with. He was helpful in guiding us through the ups and downs of financing our inn. He was a huge part in making our dream come true and we cannot express how grateful we are to have connected with him. He is truly an…
Add a comment...

Post has attachment
Meet Steve and Karen… The Lion & The Rose will be owned and managed by Steve and Karen Wilson. Steve has a BS degree in Computer Science and Karen has an MS degree in Computer Science with previous experience in project management, web design and a few…
Add a comment...

Post has attachment
“We spent the better part of 15 years dreaming of owning a Bed & Breakfast. We toured numerous Inns, attended The B&B Team’s Aspiring Innkeeper Seminar, and conversed with many Innkeepers to educate ourselves about the Innkeeping Business. We put in a…
Add a comment...

Post has attachment
Conventional wisdom among B&B/Inn consultants is that an innkeeper should have an exit strategy the day they purchase the inn; in fact, some contend it should be part of the business plan.  Since it is my job to get a buyer from an aspiring innkeeper to…
Add a comment...

Post has attachment
“We struggled from October and missed 5 closing dates to March to finance the purchase of Tall Pines Inn. We were told by every lender we were well qualified, so we didn’t understand why securing a mortgage was so difficult. We tried for months to work…
Add a comment...

Post has attachment
“My husband Kevin and I will tell you that we could not have bought the Carolina Bed & Breakfast in Asheville, NC without the invaluable knowledge, guidance and dogged persistence that Rick provided to us. Anyone who tells you that financing an Inn is an…
Add a comment...

Post has attachment
Devonfield Bed & Breakfast

“After an exhaustive search of inns in multiple states, we finally decided that the first inn we loved was, in fact, the inn of our dreams.  We needed to get moving to be able to close in time for the busy season, so we were pressed to find a lender that…
Add a comment...

Post has attachment
Note: This material is being provided for general information purposes. This overview is intended to alert the reader to the importance of managing his/her credit. General guidelines, material, and other information is being provided as a courtesy. No…
Add a comment...

Post has attachment
Commercial real estate financings are generally presumed to be serviced by the income from commercial property ONLY, as such a Debt Service Coverage Ratio (DSCR) is used to underwrite the loan. The DSCR or debt service coverage ratio is the relationship…
Add a comment...
Wait while more posts are being loaded