buy a unit in a hotel conversion in the miami area and looking for lenders. could be more than one unit

Hmmmm, I am guessing that you mean: who finances condo conversions? That is, converting either an apartment building or a hotel to a condo and selling the units.

The answer is: pretty much all commercial banks and S&Ls {those that do commercial real estate} over $1 billion in assets will do these loans.

The problem is that most bankers are going to want to see:

1- Experience
2- Substantial equity for the purchase of the property. {loan-to-value}
3- Substantial equity for the construction {loan-to-cost}
4- Good location
5- Pre-sales
6- An acquisition and renovation budget that makes sense
7- Strong guarantors

I missed the point that you made about just buying a unit, I thought you were thinking of getting into the conversion business..... This is after all a commercial loan site

If you are buying a unit for you is a simple residential real estate mortgage just like granpa used to have. It gets a little different if this is your second home, but it all depends on your personal income.

Good luck