A bank does not offer a 30 year fixed conventional loan for a 12 unit commercial purchase.

You'll need to pay a greater premium in those neighborhoods with the tight inventory most of the time.

This has had a net positive effect on mortgage rates with prime Government and Conventional (FHA/VA) often beginning with a 5 in the front and some DSCR rates now in the 6%'s...The on the ground response is likely a dramatic increase in buyer activity/competition.

Nobody has a crystal ball but, I was wondering how you feel about NO/uptown 3-5 year outlook relative to appreciations & rents.Currently, we are seeing inventory rise faster than we are closing sales.

In the US, for Conventional loans, we can sometimes get the borrower on a payment plan and treat the plan as debt for DTI as long as certain conditions are met.

Doing it this way you will have to be putting alot of trust with Agents, GCs and anyone visiting the property for you.There is a lot of local and out of state investors who are currently buying the low inventory.

@Nicholas Olson- thanks  1)  fyi - there are conventional loan programs that allow you to put 5% down on a 4 unit if you plan to live in it - consider this as you can avoid the  fha upfront mtg ins premium and also  avoid the permanent FHA monthly mtg ins   2) avoid  renting the unit you state you will be residing in as this sounds like a problem waiting to occur 

I’m being serious when I say this as what other options do buyers like us have when the median housing price here is $980k, and inventory is around a month.

A conventional loan will report on your personal credit and thus can have impact on you getting your primary mortgage.

And the other advantage is that you're able to use a 15 or even a 10 year depreciation schedule vs. the conventional 30 year which is also a huge benefit to owners.