Are non-U.S. citizens typically able to get financing for U.S. condo hotels?
Yes, however, they'll have to put a little more cash down than U.S. residents. Typically, 30% down is required for international buyers of condo hotels versus 20% down for U.S. buyers. Want to know more? Click here for information on Condo Hotel Financing.
The above questions were submitted via e-mail by a visitor to www.condohotelcenter.com. The answers were prepared by Joel Greene, a licensed real estate broker with Condo Hotel Center which specializes in the sale of condo hotel units and fractional ownerships in private residence clubs.