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I am really interested in purchasing a proven hotel in South America, which has 14 rooms/suites in total.. Now , to get the remainder of finance for this, would this be classified as a property investment or business loan.? any help much appreciated.thx
CG
Certainly wont be financing it from any financier in Oz so whether it is classifed as a property or business loan is neither here nor there.
My suggestion would be to approach a couple of SA brokers and see what they say.
Richard Taylor | Australia's leading private lender
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