The interest is also a little high compared to conventional rates right now, but if you don't qualify for that type of loan--or you are only having to put down a low amount of money--then I think it's not terrible (if it cash flows).

That's certainly your prerogative, but when you are cutting corners, don't be surprised when you attract customers who want to do the same.Sorry if this comes off as harsh, but I call 'em like I see 'em...and I hate to see people cutting corners in this industry. 

I don't see why not.I heard it's "easier" to get loans for commercial multifamily properties compared to residential because banks see them as more profitable.

I am not sure what the prices are like in the Caribbean or the yield, but I did want to mention another avenue you might want to consider and compare.

How to properly research and compare different mortgage rates?

Compared to last year, many of these companies' sales numbers have shown signs of slowing down and if this continues we'll probably start seeing people losing their jobs, which means people might start missing their mortgage payments, etc.

@Albert You are asking a big question1 if you are buying from sellers on seller financing, it is investor to investor, not owner occupied, no Dodd Frank2 if you are buying for owner occupancy on seller financing there is Dodd Frank, see a RMLO3 find a seller that wants payments over time, I compare with the owner seller financing with annuities and reverse mortgages.Albert D.undefined

Can anyone tell me what the difference is when owning small multi family units such as duplexes up to quads compared to owning 5 + units in one building?

You'll want to call around to a few banks/lenders to get a grasp of what comparable terms would be.

There are many things besides land that are unique and irreplaceable and not directly comparable to other similar things (art, literature, specialized knowledge, experience, time spent, etc.).