understanding financing

Why don’t I see the Seller’s Mortgage on the Profit & Loss?

This is a very common question prospective buyers ask, hence the explanation here. The answer is simple. Are you (buyer) going to pay their mortgage? No! So you want to see the operating expenses. The gross income less operating expenses before any debt service (mortgage) or owner compensation equals NOI (net operating income). And from …

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When a prospective inn buyer asks: “Where do I start?”

NO, YOU DON’T HAVE TO JUST DIVE IN! Your first step? To work with an experienced inn broker! We’ll discuss your financial situation, your professional and educational background and what experience you have, indirect or direct, that would lend itself to succeed in this business. You’ll discuss where your downpayment will come from, house sale, …

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Understanding the Financials

https://www.danamoos.com/understanding-the-financials.html One of the most important topics that buyers ask about is the financing of a hospitality property and how to qualify. And sometimes a buyer doesn’t know what to ask. I’ve gathered my most helpful blog posts on several topics and put them into a single web page on my website with links. Some …

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