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Old 05-26-2015, 04:57 AM
 
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i want to know if somebody wants to make a 5 star hotel with $1 billion in new york city , do the banks give him loan ? ..if yes what are the rules ? .. and how much he can get loan for the hotel?
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Old 05-26-2015, 05:55 AM
 
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Too many hotels in NYC as is. We don't need another one.
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Old 05-26-2015, 07:18 AM
 
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Quote:
Originally Posted by topforexbrokers View Post
i want to know if somebody wants to make a 5 star hotel with $1 billion in new york city , do the banks give him loan ? ..if yes what are the rules ? .. and how much he can get loan for the hotel?
Commercial loans are given usually with 30 to 40% down.
You probably need about $500 million.
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Old 05-26-2015, 09:19 AM
bg7
 
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Quote:
Originally Posted by topforexbrokers View Post
i want to know if somebody wants to make a 5 star hotel with $1 billion in new york city , do the banks give him loan ? ..if yes what are the rules ? .. and how much he can get loan for the hotel?

Is that all?

What are you opening - a four room hotel or something
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Old 05-26-2015, 09:42 AM
 
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Originally Posted by GoCardinals View Post
Commercial loans are given usually with 30 to 40% down.
You probably need about $500 million.
is that the same for any business in NYC or USA ? ..i mean do the government in U.S or NYC gives loan with no need down payment to make a business ?

Actually a money management company call Fxstay team wants to invest in NYC in any business like make a hotel or make a factory or Real States or any other business to get a big long term loan with no or low [ %10-%20] down payment ...they have $200 million cash... what type of business you suggest ?
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Old 05-26-2015, 10:30 AM
 
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Actually, for it's size and visitor traffic, NYC is relatively under hotelled from what I've heard.

Quote:
Originally Posted by LifeSurfer View Post
Too many hotels in NYC as is. We don't need another one.
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Old 05-26-2015, 10:51 AM
 
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You will need a better command of the English language before you can go about arranging financing for a hotel or business and you will also need a detailed business plan to present to the bank or non-bank institution or private investors.
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Old 05-26-2015, 01:08 PM
 
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Originally Posted by Wells5 View Post
you will also need a detailed business plan to present to the bank or non-bank institution or private investors.
defiantly they will provide the business plan but first i am searching and getting information which business is the best to invest $200 million in U.S or NYC ?
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Old 05-26-2015, 02:39 PM
 
3,428 posts, read 1,255,223 times
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Quote:
Originally Posted by topforexbrokers View Post
is that the same for any business in NYC or USA ? ..i mean do the government in U.S or NYC gives loan with no need down payment to make a business ?

Actually a money management company call Fxstay team wants to invest in NYC in any business like make a hotel or make a factory or Real States or any other business to get a big long term loan with no or low [ %10-%20] down payment ...they have $200 million cash... what type of business you suggest ?
They can directly invest with Hudson Yards.
Contact Mr. Jay Cross who is erecting a $20 Billion worth of Real Estate in Manhattan.

Many international investors have invested under U.S. Govt's B1 visa program where the foreign investor also gets an American Green card when he invests a certain amount in qualified industry in United States.


Other business could be investing in corporate lease industry where the return rate is about 5% but it's more stable and has less risk.
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Old 05-26-2015, 03:36 PM
 
Location: Staten Island, NY
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Well you are definitely starting off on the right foot. Many Fortune 1 Billion companies have started with simple City Data questions.
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