property has better than a 1.25 DSR and I have enough reserves for 12+ months. are there any lenders who do 90% LTV for multi units that are over 5 units and are not owner occupied? Looking for a reasonable interest rate, no hard money lenders.
No, there are zero (0) commercial lenders making 90% LTV new mortgage financing on commercial multi unit property!
All conventional lenders today require you or your group to have at least 20% and most require 25% to 30% down in cash!
A private money lender may allow you to ask the seller to carry back say 15% with you putting 10% down and a new private money 1st for 75%, but private money is your only resource.