Business Loan to Purchase Property

[Reuben Stone]

Hey BP, 

I had a thought late last night. I am currently looking at a couple deals. I own my own property management company but the company has not been in business for 2 years yet. This make traditional financing tricky. I have a couple owner financing opportunities which would require some money down. Since I own the property management company I was wondering if the following scenario would work: 

Apply for a "Business Loan" but rather than use it for my property management company I would use it for a down payment on a property. 

What do people think about this idea? This was just a spur of the moment thought that I had and would like to hear what people think. Is it a bad idea?