It's effective interest is similar to Mezz-debt at current rates but a bit lower.   

If rates come down (most likely not in 2025) you can refinance or just shovel cash-flow and pay it down quicker. 

The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.

The drop and Swap is about all we use here due to the confiscatory tax rates based on sale price.

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

Depending on if you want to use any of the equity from your home to find retirement or if you want that all to be put into the house may also change your strategy. 

What this usually leads to is higher rates and lots of points, which increase the amount of cash needed up front.

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

and it's not only not cash, it's expensive money - for it to be worth using you'd need either (1) something short term, like a flip (not recommending that here) or (2) a very high return that beats the interest rate you're paying on it.

The biggest change was in the Road's End neighborhood.