Because they will get defensive if they feel you are pressuring them.

Just wanted to make what is the first of many posts and say hello to everyone :) If anyone has knowledge of multifamily investing in the New Orleans or Baton Rouge area (or is on a similar path), feel free to connect!

Feel free to PM me, we can bounce ideas around.

A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.

Hi @Andrew Katz, I feel your pain.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

I truly feel bad for people who have to work instead of investing in real estate, especially those with kids.

Obviously if I intend to have a top performing STR in this market, my buy box will allow for a much higher max purchase price, but I wouldn't feel comfortable with shooting for the max if there aren't clear ways to beat these competing properties.

I do feel that rents are probably going to catch up over the next 3 - 5 years.

My wife and I feel real estate is a great catalyst to get us there.