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Private Lending in Indiana

Residential investment financing across Indiana’s major metropolitan areas. Bridge, DSCR, fix & flip, new construction, and build-to-rent programs.

Investing in Indiana

Indiana's real estate market combines low acquisition costs ($180,000–$250,000 median depending on market), landlord-friendly laws, and growing population in urban cores like Indianapolis. The state's lack of income tax on Social Security and retirement income drives migration of retirees, supporting rental demand.

Indianapolis continues to attract corporate relocations and residential growth. Regional markets like Fort Wayne and Evansville offer even lower acquisition costs and compelling cap rates. Indiana's business-friendly environment and modest development restrictions create efficient operational dynamics for rental investors.

Indiana Markets We Serve

We lend across Indiana’s major metropolitan areas. If your project is in or near one of these markets, we want to hear about it.

Indianapolis Fort Wayne Evansville South Bend Bloomington

Available in Indiana

Every loan program we offer is available to qualified borrowers and properties in Indiana.

Market Snapshot

Median Home Price
$215,000
Property Tax Rate
0.85%
Population Growth
0.6% annually
Annual Permits
~15,000 annually
Landlord Friendly
Yes
Top Yield Market
Indianapolis

What Works in Indiana Right Now

Indianapolis Acquisition-Rental at Scale

Indianapolis offers 5–7% DSCR cap rates on single-family rentals ($180K–$240K). Acquire 5–10 properties in acquisition mode with bridge financing and convert to long-term rental. DSCR refinance captures rate arbitrage and enables portfolio scaling.

Fort Wayne Value Infill & Renovation

Fort Wayne's lower cost basis ($120K–$160K) supports aggressive value-add strategies. Acquire older duplexes and small multi-units for renovation. Bridge financing enables rapid turnaround. DSCR refinance or hold supports portfolio growth.

Evansville Workforce Housing Development

Evansville's industrial base and lower acquisition costs make new construction and major renovation attractive. Finance development of workforce housing (2–3 BR homes, $140K–$180K cost basis) targeted to owner-occupancy and workforce rentals.

Frequently Asked Questions

What are Indiana's property tax rates?
Indiana property tax averages 0.85% of assessed value, competitive with neighboring states. Indianapolis slightly lower at 0.80%; rural counties may be higher. No additional transfer or sales tax on real property transfers.
Are there landlord-friendly eviction laws?
Yes. Indiana allows landlords to evict for non-payment with 10 days' notice. Court proceedings typically conclude within 2–3 weeks. No just-cause requirement. Landlords can require market-rate deposits and entry fees.
Does Indiana allow unlimited rent increases?
Yes. Indiana has no rent control. Landlords can raise rents without restriction, enabling strong DSCR underwriting with predictable rent growth.
What's the typical construction timeline in Indianapolis?
Indianapolis permitting is efficient, typically 2–3 weeks. Residential construction timelines are 6–9 months for single-family homes. Material and labor availability are good. Winter weather may add 2–4 weeks.

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Start Your Indiana Investment

Our team has deep experience financing residential projects across Indiana. Reach out to discuss your next deal.

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