Financing 5+ Unit vs. 1-4 Unit Apartment Buildings

[Karl Kauper]

Hi All,
This is a very basic question, as I am relatively inexperienced with REI. How different are typical mortgage terms for 5+ unit apartment buildings compared with 1-4 unit? I have owned two 2-family homes, so I am familiar with the typical mortgage terms for that type of small apartment building, but I know next to nothing about 5+. I am trying to decide whether to buy a 1-4 unit or a 5+ unit as my next purchase, but I am just starting to educate myself about these slightly larger buildings. I may try to buy a 5 or 6/7-unit building, but not if the loan terms are dramatically less favorable. For example, are interest rates typically far higher? And, if typical loan terms are typically far higher for these slightly bigger buildings, are there other financial advantages to buying, say, a 6-unit vs a 3 or 4 unit that would outweigh the disadvantages? Lastly, can anyone recommend any resources that I could use to educate myself regarding such basics? Thank you for any insights!

- Karl