Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights cover image

Converting Motels to Apartments for Workforce Housing - An Exclusive Interview with Andrew LeBaron

Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights

00:00

The Importance of Seller Financing in Motels

We partner with advisors who've done 20 to 30 plus same style conversions like we are attacking. We have a very long due diligence period where we ensure that the deal pencils without risking any investor capital. The other thing I've noticed is that each of the deals that we do are seller financing. That greatly helps with the ROI, with the returns and taking complications out of the deal at the last minute.

Play episode from 05:35
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app