How to get 95% LTV financing on a condo-hotel ? - Posted by dave

Posted by J Wiggins on October 22, 2004 at 12:33:34:

I would be happy to find someone who could do a 478 sq ft condo hotel at 80%ltv

How to get 95% LTV financing on a condo-hotel ? - Posted by dave

Posted by dave on October 07, 2004 at 18:16:36:

Purchase price $525K. I’d like to put down only 5%. What rates, programs, are available for such a mortgage ? The condo-hotel will NET $1500/month to me, and I can show documents from the developer that prove it.

If you’re a lender, I’d like to see what you could offer.

Re: How to get 95% LTV financing? - Posted by Mitchel

Posted by Mitchel on October 10, 2004 at 20:26:50:

I make non-owner loans all the time. Some of them can be high loan to value. It takes a complete understanding of your financial situation to say if you are eligible for this type of loan. My beginning questions would be where do you live and where is the property? Do you own other property?

Re: 95% LTV financing on a condo-hotel ? - Posted by Chuck

Posted by Chuck on October 08, 2004 at 13:35:57:

“I can show documents from the developer that prove it”.

I’d like to see those.

How to get 95% LTV financing on a condo-hotel ? - Posted by cynthia Brewster

Posted by cynthia Brewster on October 08, 2004 at 11:14:41:

will the seller hold any paper?

How to get 95% LTV financing on a condo-hotel ? - Posted by j.a.

Posted by j.a. on October 08, 2004 at 07:09:14:

what state?

Re: How to get 95% LTV financing? - Posted by Shellie

Posted by Shellie on November 02, 2004 at 18:24:02:

I have 200 condo hotels loan that I need financing for, please advise.

How to get 95% LTV financing on a condo-hotel ? - Posted by Trey Campbell

Posted by Trey Campbell on March 09, 2005 at 19:21:13:

i need a 90LTV for condo hotel investments. can you help? i need to find a wholesale lender