No need to complicate it by resorting to commercial loans with shorter term, higher interest rates and other onerous terms.

Disadvantages: may not be able to sell individually, commercial rates, shorter terms, bigger down payment required.

The shorter the duration the less credence to that data point for a long term investor. 

Long story a little bit shorter, to this day I've never seen the man again.

In other words, if you were going to flip or do any other type of REI with a shorter time-frame, you have the option to draw money from the line repeatedly.

Well I guess my monkey butt face left an impact and she kept our number.Short story even shorter,  she contacted us and wanted us to buy the house.

The terms will be worse than what you would expect, typically with rate, but Ive also seen shorter amortizations.Appreciation tends to be non-existent in these. 

Advantages for me: slightly less paperwork, fast approvals, leeway if your credit score is borderline for a specific rate, relationships, flexibility to lend on properties that need significant repairs.Main con is slightly higher than average interest rates and shorter terms, for me at least.  5-6% and 20 year amortization is generally what I'm paying.Hope that helps,- Tom

You will find if you're pre-approved (meaning your information has been run through underwriting) you'll be able to make offers on properties with shorter close times and possibly beat out the competition. 

These are the shorter amortization periods and tend to have 5 or 7 years balloons.