Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

@Linda PhamAll our midterm rentals are in Colorado as are our clients, so I don't know Houston's market.

I suspect even the banks who are aggressively expanding are doing so merely to sure up their geographical presence  to in order to expand their customer base but will then pull back on their branch numbers.Unless there is significant term remaining on the lease, there are other retail concepts that would be deemed more marketable.

I am convinced because listings sites pick markets they think make them more money to advertise.

Higher DemandThe rental market is shifting.

hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.

We appreciate you giving us the opportunity to review your property.Best regards,"I replied back asking for more specifics, wondering if it is the Milwaukee market, the Wisconsin market, the multi-family market, or the property itself, and I got crickets....At the very least, I should get better customer service explaining why.

The property was in a great market but needed a full cosmetic rehab and basement finish to add a bedroom and increase resale value.

Look at their marketing strategy.

I recommend you discuss and plan this in depth with a local lender who knows your market well.