Updated: Dec 12, 2020
Written by guest blogger, Chelsea Lamb
Investing in commercial real estate can be an excellent business move. Still, there are a lot of factors to consider, whether this is your first foray into commercial RE or you’re a veteran at navigating the buying process.
If you have questions about local real estate, RE Source St. Louis is happy to offer information. For now, start with these FAQs to learn more about investing in commercial opportunities for your business and future.
Q1: How can I find commercial real estate, and who do I work with?
A1: Connecting with various professionals can help you zero in on the best commercial RE opportunities available. Then, it comes down to knowing what you want (and where) and making an offer.
Q2: Who can or should buy commercial real estate?
A2: Though anyone can purchase commercial real estate, to classify it as such, you’ll need the appropriate business licenses, permits, and more. It also helps to know what you’re getting into before you start shopping for property.
Q3: How can I afford commercial property for my business or for investing?
A3: Though traditional homebuyer programs won’t work for commercial RE, you do have options for financing as a business entity. From using your home’s equity to taking out a business loan, consider these options.
Purchasing commercial real estate can be beneficial for your brick-and-mortar business. But it can also be a solid investment option if you’re looking to build your portfolio. Interested in purchasing real estate for your business endeavors?
Book a consultation with RE Source St. Louis today to start shopping for your next commercial opportunity.
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