I'm a little bit different, I don't use banks, I don't worry about ROI, I usually get built in equity when I buy, I always get $500 or more per door monthly cash flow, and I don't have to worry about Cap Ex or deferred maintenance.

Ex: 5% extra interest per 6 months overdue4- and if it really goes south, the lender would have a 1st lien and personal recourse?

The investor survey I refer to clarifies that the cap rate excluded cap ex reserves.

I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years).

The terms we have agreed to are thisPrivate Money Partner bring the 20-25% down payment, does NO active management other than voting to approve the purchase, and occasionally voting on major items such as time to make large cap-ex purchases, time to sell etc....We do ALL of the work of finding, funding, rehabbing if needed, placing tenants, all ongoing PM and business management. 

Someone that travels for a living has no qualms about moving, particularly when running from an ex.

HI BP,I'm in escrow on a triplex; I have the funds to close and fund it all the way through but I am trying to get creative because I see other deals.Purchase: $25kRehab: $40-45k, 6 weeksARV: $90-100kTriplex: 2x 2/1; 1x 1/1Jacksonville FLCB structureOptions:Cashout refi, no seasoning: If I could finish the rehab and start the process for a cashout refi without seasoning, I would then do the deal cash with my own funds.Short term financing during seasoning period (ex: partner with contractor, private money, cheaper hard money?)

My last 4 purchases were small MFRs with generally $2,000-$3,000/month positive cash flow after PITI, maintenance, cap-ex, management.

They asked me to be an ex-pat, but I had a home in Mountain View. 

Let the other deals with bad numbers go to the non Bigger Pockets member buyers lol Semi Rehabbed 3br = $1500Older but decent 3br = $1350 Ratio: .92Mortgage w taxes/pmi = $1738 at 5 down = Even after cap/ex, etc. the point is you live cheaper then renting and pay down the larger mortgage.