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Follow on Google News | Scientific Capital arranges the acquisition financing of the Sleep Inn of Chesapeake, VAStructuring hotel financing in this credit market may involve a year long planning to establish the hotel's historical financials
By: Ramin Mostaan As advocated by Scientific Capital, this and many other clients sign a one-year lease for the hotel that is believed to have significant upward potential but is either foreclosed, auctioned, or is not profitable. By operating the hotel for a year, the investor can discover the true revenue potential, the realistic level of expenses, and the viability of the investment. If a suitable investment, the investor having established a year of reliable operating financials and a tax return is able to obtain acquisition and possibly PIP financing. With the economy on an accelerated rebound, if the hotel is not marred by other negative factors, the financials should show solid debt coverage for the financing. More on hotel financing updates and news can be found on www.scicap.com/ Scientific Capital Group, Inc. (www.scicap.com) End
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