30% + with good personal financial. Also it helps if you have owned and operated a Hotel/motel. Finally the property that you are interested in buying must be solid income producing property and stand on its own merit. Bottom line is that you have to prove to lender that the property/owner-operator are a good combination and their risk is minimal.
As long as you are resonable in your expectations and go the distance, it is possible.
Aug 18, 2009