My credit union has a 5/5/5 ARM amortized over 25 years and a fixed rate 15 year note.

Hope you can see it and I can earn at least the two digit profit from this deal. 

That helps because I am only paying interest for the first year (commercial loan), so my first couple of payments were very low (double digits). 

I’m zero’ing in on zip codes and neighborhoods that were the hottest over the past 2 years and I’ve been checking daily on just these areas with somewhat of blinders to the rest.Again, we are in triple digit heat, maybe ppls just don’t wanna venture out as much...

You might have a point, but it is easily snuffed out with "you want it to be easier" when the service you think you are providing investors with a smooth transaction, by purchase prices with round numbers,  can be done by thousands of lenders no matter what the digits are. 

Some accuse them of being a ponzi scheme & I've heard that the property management arm lost their license.......Don't know what all is or isn't true.

A local credit union quoted me20% down, 5.75%, 25 yr AM with 15 year balloon but 5 year ARM for a 14 unit I have under LOI.Seems to be the most competitive offer I have so far in terms of financing

These are located in Oklahoma so there is potential for occasional temps in single digits.

I guess I will learn as I go, as long as my mistakes don’t cost me a arm and a leg I will be fine lol XD

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