All Topics / Finance / Passive motel financing

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  • Profile photo of nickdnickd
    Participant
    @nick84
    Join Date: 2015
    Post Count: 2
    January 8, 2017 - 7:41 pm

    Just a quick one. Can anyone tell me what LTV lenders are currently requiring for this asset class? More specifically a freehold country motel with a long lease in place.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    January 8, 2017 - 7:58 pm

    Nick depending on the location work on something between 50-70% lvr.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of nickdnickd
    Participant
    @nick84
    Join Date: 2015
    Post Count: 2
    January 9, 2017 - 10:02 am

    Thanks Richard much appreciated

Viewing 3 posts - 1 through 3 (of 3 total)

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