Financing of Condo Hotel Units for

Non-U.S. Citizens

Q. Are non-U.S. citizens typically able to get financing for U.S. condo hotels?

A. 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.

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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.