I’m working on financing a 6-unit multifamily property in Indianapolis. It’s in a commercial zone that does allow six residential units, and it’s currently used as long-term rentals. Key points: • 6-unit, all long-term rentals • Commercial zoning that permits 6-unit residential use: 6-unit multifamily in a commercial zoneFirst-time investor, strong credit, solid down payment • Target: 75–80% LTV, 30-year amortization, likely in an LLC 6-unit, all long-term rentals Commercial zoning that permits 6-unit residential use: 6-unit multifamily in a commercial zoneFirst-time investor, strong credit, solid down payment Target: 75–80% LTV, 30-year amortization, likely in an LLC Has anyone here closed a similar 5+ unit DSCR deal with Easy Street Capital or RCN Capital? • How did they treat the commercial zoning? • Any issues with DSCR thresholds, reserves, or experience overlays? How did they treat the commercial zoning? Any issues with DSCR thresholds, reserves, or experience overlays? Also open to recommendations for other lenders that have actually closed 5+ unit DSCR deals like this in the Midwest.

I would not recommend either of them unless you like chasing tails for 60 days.. Is the property legal and conforming as a 6 unit? Are any of the units commercial use? Or are they residential units? If it's a mixed-use property you'll need to take it to a commercial lender If it is a normal 6 unit and is legal/conforming, you can take it to Cake Mortgage Corp. I closed a few with them and it was by far the easiest process ever. I've used the lenders you mentioned and I was always pulling my hair to get a concrete answer. You may also want to try A&D Mortgage.