Can I use two conventional loans for a MultiFamily Apt?

[Andrew Ngo]

Hi i'm a total newbie to real estate investing and was curious if the following is allowed/possible. I''m thinking of using a conventional loan to cover 80% of the property and another conventional loan through a different company to cover the down payment.  After running the numbers i'm still profitable, but just don't know enough about the industry or financing to know if this is even allowed.

Thanks in advance!