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: Value the property based on Net Operating Income (NOI) and metrics like RevPAR (Revenue Per Available Room) rather than just comparable sales.
: Decide on the type (boutique, luxury, budget), location (urban, rural), and your primary goal (passive income vs. active management). buy hotel
: Recruit a hotel broker for deal sourcing, a specialized lender , and a commercial real estate attorney to navigate complex contracts. : Value the property based on Net Operating
: Most buyers use SBA 504 or 7(a) loans , which often offer lower down payments (10–15%) and longer terms (up to 25 years). a specialized lender