Leasing a B and B

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jean

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Dec 6, 2013
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Good Morning,
My husband and I have been trying for over a year to purchase a B and B but have lost funding twice. Does anyone have any advice on Leasing a B and B first for a few years, and if sellers are even up for the suggestion.
 

Madeleine

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Look for inns for sale again and check to see if they are offering a lease to own program. That's actually the search term I was use - lease to own b&b.
 

Breakfast Diva

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You'll have a very difficult time finding a b&b for lease. The main reason is that owners would take on a huge risk of their business reputation being harmed by inexperienced innkeepers. The owner is taking all the risk.
You might want to do a search (the google search box is on the top right of this page, under the photo), because there are several posts where it has been discussed at length.
 

CafeMae

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I think the others have it right... - but I think there are also situations where you could get a lease- if the sellers own the inn outright (no bank loan) and don't really like what they're doing, they might be up for a lease. This situation often happens here in latin america where many expats build their own places and, after a couple years, decide the country or the lifestyle isn't right for them. They have this inn on their hands that they've operated for a couple years, and now want to go back to their homelands...desperately...and, well, now what...
 

jameselam

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Did you get the B & B on lease, Jean? I want to know why is this so difficult to put it in lease. I also read review here. Help will be appreciated.
 

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