Alternative Programs: Condotel Lending

By chrisking • January 20th, 2011

Condotels: a hybrid between a hotel room and a condo.  Condotels are units that people can purchase in a building that is run by an on-site management company, like a hotel.  The individual units can be rented out, or the owner can stay in and use the property as desired.  Since 2008, most lenders pulled out of the market for lending on condotels.  But we work with a lender that still will finance them.  Contact us for more details.


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