So, for example, if a property was listed for $1,000,000 and generated an NOI of $100,000, then the cap rate would be $100,000/$1,000,000, or 10%.PITI - "Monthly Payment of Principal, Interest, Taxes and Insurance.”

Is it worth paying an extra .75% on entire principal for an additional financing of $35k?

You may need a Key Principal person with experience doing deals like this who can also sign on the loan docs. 

Definitely - the top tier sites are fully transparent, their teams have an online presence, you can visit their offices and meet with the principals 6. can you tell them what your money should purchase? 

But if you think there's room to grow the rents and the micro-neighborhood is promising, I'd go for it - assuming you can afford to tie up that capital and plan to hold for 5-10 years (and get some return with the principal paydown).

@Becky ComishWhat is your current Principal Balance and Monthly Interest ? 

Use the funds accessible through an investor to do the purchase of the building and lease the land from the owner which I believe owns the land free and clear.Do you see any drawbacks to the seller/lessor doing a 5-10 year lease so we can do a SBA 504 on this down the road?  

Simply spreading out the loan principal out over 3 years doesn't make you any money (you'd lose in that scenario).  

I hope this helps.86.752 Foreclosure by advertisement and sale.A trustee may not foreclose a trust deed by advertisement and sale in the manner provided in ORS 86.740 to 86.755 unless:(1) The trust deed, any assignments of the trust deed by the trustee or the beneficiary and any appointment of a successor trustee are recorded in the mortgage records in the counties in which the property described in the deed is situated;(2) There is a default by the grantor or other person that owes an obligation, the performance of which is secured by the trust deed, or by the grantor's or other person's successors in interest with respect to a provision in the deed that authorizes sale in the event of default of the provision;(3) The trustee or beneficiary has filed for record in the county clerk's office in each county where the trust property, or some part of the trust property, is situated, a notice of default containing the information required by ORS 86.745 and containing the trustee's or beneficiary's election to sell the property to satisfy the obligation;(4) The beneficiary has filed for recording in the official records of the county or counties in which the property that is subject to the residential trust deed is located:(a) A certificate of compliance that a service provider issued to the beneficiary under section 5, chapter 304, Oregon Laws 2013 (Enrolled Senate Bill 558), that is valid and unexpired at the time the notice of default is recorded; or(b) A copy of the affidavit with which the beneficiary claimed, under section 2 (1)(b), chapter 304, Oregon Laws 2013 (Enrolled Senate Bill 558), an exemption that has not expired;(5) The beneficiary has complied with the provisions of ORS 86.748;(6) The grantor has not complied with the terms of any foreclosure avoidance measure upon which the beneficiary and the grantor have agreed; and(7) An action has not been commenced to recover the debt or any part of the debt then remaining secured by the trust deed, or, if an action has been commenced, the action has been dismissed, except that:(a) Subject to ORS 86.010 and the procedural requirements of ORCP 79 and 80, an action may be commenced to appoint a receiver or to obtain a temporary restraining order during foreclosure of a trust deed by advertisement and sale, except that a receiver may not be appointed with respect to a single-family residence that the grantor, the grantor's spouse or the grantor's minor or dependent child occupies as a principal residence.

I am about 13 years in and a principal broker.