Residential loans vs. Commercial loans

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I am debating whether I should buy 2 fourplexes or one large apartment building (5+ units).

The loan would either be commercial or residential.

Is it more difficult to get a commercial loan? Are the loan terms (interest rate) for commercial worse?

The loan terms for a commercial loan are not going to be as favorable. You're not going to find a 30 year fixed. It's going to be a higher interest rate, shorter amortization, and will probably have a balloon.