Tebow is back...time to start blogging?

First blog post...looking for financing answers in St. Augustine, for Vacation rental property.  

 

Ok, so this has nothing to do with Tim Tebow, but since it is my first Activerain blog post, I figired I would start with a Hail Mary pass.

 

"Condotel" financing.  

 

Is there anyone out there who has a source for financing for condo-hotels, with nightly rentals, on-site rental office (not a third party renting the space), and less than 600sf units.

There is, in my situation in St. Augustine, a complex that has incredible vacation rental opportunities, with direct ocean views, and only steps from the beach.  The investment potential on these units is awesome, but we are in a cash-only purchase situation.

We do an excellent job marketing and selling these units when they become available, but with financing, the sky is the limit.  Any suggestions?

 

 

(Back to Tim tebow...I wish him all the best!  He got a bum deal in Denver and New york.)

Posted by

904-814-7118
320 A1A, Suite 3
St. Augustine, FL 32080

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Mortgage / Finance

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
710,747
Frank Harper
Idaho Family Real Estate - Boise, ID
Broker/Owner, Realtor, GRI, SFR.

Welcome to ActiveRain! Keep blogging! I hope you have a great 2015!

Apr 20, 2015 03:58 AM #1
Rainmaker
384,846
Trumps Elite
Keller Williams Realty Acadiana - Lafayette, LA
Realtors/Career Consultant

Hello and welcome to AR. Nice blog and hope to read more from you. Stop by and visit mine too. 

Apr 20, 2015 04:00 AM #2
Rainmaker
2,434,104
Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Hi First Choice Florida Realty and Vacation Rentals, welcome to the Rain train! I'm glad you made the brave first steps into the blogging world with us! It's a great place to be and I hope to see many more posts from you in the future!

Apr 20, 2015 06:19 AM #3
Ambassador
2,010,922
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

One of the things I've learned here in the Rain is the importance of a great headline.  Good luck finding financing.

Apr 20, 2015 02:29 PM #4
Ambassador
2,010,922
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Congratulations on completing your first post here in  the Rain and welcome.

Apr 20, 2015 02:30 PM #5
Rainmaker
245,455
Mark Neighbor
A O Home Solutions - Sell House Georgia - Buy House Georgia - McDonough, GA
Sell House Fast In Georgia

Welcome to ActiveRain Ken. Keep blogging. Hope to see more post from you in the future. St. Augustine Vacation rentals is a good place to be.

Apr 20, 2015 09:19 PM #6
Rainmaker
5,212,198
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, First Choice Florida Realty and Vacation Rentals welcome to ActiveRain.... and I think you scored with this Hail Mary pass....keep them coming...

Apr 20, 2015 10:37 PM #7
Rainmaker
1,080,329
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

What a great title for your first blog - guaranteed to attract readers! I think your best chance for condo-tels is private financing. Banks are very reluctant. The Laterra condo at World Golf Village actually had its governance changed to make it easier to get financing. You might want to suggest the developer pursue that route. Welcome to ActiveRain!

Apr 21, 2015 12:32 PM #8
Rainmaker
628,193
The Temple Team
THE TEMPLE TEAM - Mooresville, NC
Specializing in Lake Norman/Charlotte/Charleston

CONGRATULATIONS on your First BLOG!  WELCOME!!!  YOU'RE GOING TO LOVE IT HERE!

 

KT

May 18, 2015 10:07 AM #9
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
6,754

First Choice Florida Realty and Vacation Rentals

We are dedicated to finding you your personal piece of Paradise!
*
*
*
*
Spam prevention