I have read that it can be quite competitive.

When I hopped back into the podcast, about 42 minutes in, they were talking about when you're having a hard time finding multi family because the inventory is low and competition is high, go where the competition isn't looking; single family. 

Was considering this as well given I'm in a highly competitive real estate market where my options might be limited at the moment due to saturation

I know lenders who will do 80% LTV refi's that are pretty competitive with conventional terms. 

Check how many dental locations in 1,3,5 mile ring radius for competition and how are this locations online reviews and testimonials.2m+ for STNL is like 50,000 house in residential.

It varies quite a bit and competition is driving the prices up on a lot of properties. 

@Andre Taylor Commercial lenders will most likely use a Global Cash Flow analysis as well so it won't help you if that's the issue.

it could be that your agent is trying to help you by encouraging you to not make a silly offer along with a competitive one. 

@Julie Verardi I own three in jersey city and two I use USAA , if you are ex military or your parents were in the military it’s a good insurance co and they seem to be very competitive.

You need to know about ARV and LTV and Ratios and competitive interest rates.