Commercial Lending 5 - 7 Year Term - How Do You Hold Long Term?

[Bob D.]

Total newbie question here but I'm searching for 5+ unit multi families and commercial loans only have 5, 7 or 10 year terms. I understand that refi is part of the process, but this seems to force a refi that could conceivable come during downturn and ruin a strategy.

What am I missing here? How can you buy for long term cash flow when you're forced to change lending terms every 5 - 10 years?