Best way to finance multiple duplex town homes

[Jonathan M.]

Looking a buying 4 duplex town homes for a total of 8 units. They are currently 80 percent occupied in the Tampa area with other 2 being rehabbed in a demanding neighborhood. under 1 million.

What is my best loan product, I am looking for the longest amortization and the lowest interest rate. 

Seems like it would be easier for to obtain a commercial loan because they look at the business its self rather than me.

[Chris Mason]

Originally posted by @Jonathan M.:

@Chris Mason gotcha, that will fall under Commerical then. Correct?

 Correct, this is a commercial loan scenario. I think some of the responses misunderstood your OP as meaning four duplexes across four parcels, which would be residential financing. 

B/c it is commercial, you will likely save a bit on upfront fees and closing costs (1 appraisal v 4, 1 set of lender fees v 4, same with escrow, etc), but the terms/conditions of the financing will not be as good.