In the market for a Condo in Baton Rouge?
Well you have a LOT to choose from. There are currently 652 Condo’s on the market in East Baton Rouge Parish. Here’s the bad news: without 10-20% down you may not get one. I was told by 4 lenders in the past few days that the criteria for purchasing a condo has gotten very strict. There are warrantable, which has more owner occupants than investors and leased out units, and warrantable. There are a few complexes in town that are FHA approved which will require less down. I have been also working with the ONLY lender in town who can do 100% financing, but the requirements are STRICT. Call me for details if you are interested in finding out more details!
Tim Houk
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