Fourplex Zoned as Commercial; is a Conventional Loan an Option?

[Dean West]

Hi BiggerPockets Community,

I am looking to purchase a 4-unit property in Indianapolis, however, looking at the property parcel card, the property has been zoned as a commercial property.

Would I be able to get a conventional loan for this property, or would I be required to go down the commercial financing route?

The cash-flow for this property looks great using a conventional loan, however, I understand commercial financing is more expensive and will make the property less attractive if I have to go down this road.

Thanks in advance for any advice you can provide!