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Best Way to Buy a Commercial Property in Louisiana
There are 2 most important factors for you as the business owner:
There are 2 most important factors for you as the business owner:
- Your realtor
- Your lender
Here’s what you should expect from both.
YOUR REALTOR
Your realtor needs a firm understanding of local zoning regulations and a ready network for ensuring the location you buy is appropriate for the nature of your business.
In New Orleans and Baton Rouge, this also means understanding historic zoning requirements.
I can further guide you on requesting zoning changes when necessary but our goal is to locate a property that reduces your workload and also crafting a purchase agreement that protects your interests and gives you the freedom to complete all necessary components before closing day on the purchase.
YOUR LENDER
Your lender should also understand this process thoroughly and have flexible mortgage packages that allow you to get financed. Thankfully, my contacts at Fidelity Bank understand that and can approve you based on incoming payments with less focus on…