Not to mention the more favorable business climate being offered elsewhere.One of the reasons I decided to invest out of state is because of the massive fluctuations in home prices here.

With commercial properties, the markets vary depending on what cap rate the market is at and value is based entirely off of income so there is significantly less fluctuation and because of this, minor additions to NOI significantly raise the property's resale value.

Banks typically don't hold mortgages on the books with terms longer than 10 years due to their exposure to interest rate fluctuations.

Yes I am aware that rates can fluctuate and many people say only to use this for short term but I also know lots of people who have used this strategy for long term with success, just slightly riskier I guess.Option two: Get a cash out refi on my primary house which I could get somewhere between 120k-140k and use this money to fund the downpayment and other associated costs.Option three: Use a combination of either option one or option two PLUS pull some money out of my 401k to aid in a larger downpayment.

I would also have to worry about market fluctuation, it's likely the market will be down exactly when the real estate deals are available.

@Ruchi PatelRates fluctuate daily, so that may be why?

My home town is in the heart of the Eagle Ford and I’ve watched things change literally overnight with the fluctuating price of oil.

Market values fluctuate up and down but only slightly. 

There was one reason - I wanted lake front property and needed someone that specialized in understanding lake front property specific issues (EPA - building - pollution - water sports - lake level fluctuations)She came right out and asked me why and I told her.

I always believe that rent fluctuates with the market regardless of everything else.