I am going for small multifamily units, thus conventional non-commercial loan would do.

., 5/1) are also common for commercial real estate loans on non-commercial residential properties.

For unexpected and uninsured costs such as damages due to things like tenant negligence, roof problems or any other non-insurable liabilities, does anyone have feelings or opinions on setting up a HELOC for each non-commercial investment property (where possible) to limit the impact of these unexpected expenditures?

Obviously other states are different and if you pursuing non commercial deals it may complicate things (another reason to do commercial 5+ unit deals and not residential). 

- Do different interest rates apply to commercial (5 units+ residential) and non commercial (duplex, Triplex, 4 plex)?

In a non-commercial application the wear rate for 7mm should be adequate.

Currently, I sell used cars through a local dealership group, and used commercial and non-commercial equipment and merchandise mostly online.By nature, I am a researcher.

(smerk)(When I purchased my fathers 8 unit apartment complex in the 80's  (18 years old)we didn't have all these codes and laws) (smiling)The Investor that I talked with said he purchased a sewing factory building which sat for 6 years empty and the county considered it non commercial  so he was able to pick it up cheaper , Or maybe he's giving me a line of bull to purchase mine cheaper!

We know that a loan for a property with 4 units or less such as a quadplex will be considered a non-commercial loan and a property with more than 4 is commercial.

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