Different type of loan needed

[Ruben Santana]

My girlfriend and I found a property, the seller is offering two single family houses in the same lot which cost 240,000. We went to a company called Mortgage Master to try and find a lender for this property, my girlfriend got pre approved for 150,000, I can't get a loan still because my income is too low. So all we got is 150,000 My solution is to offer the seller 150,000 which the bank is going to give us and the seller could finance the rest. My problem is the bank won't lend us the money because one of the houses needs fixing and for FHA that's a no no. My solution is to get a conventional loan which only needs 10% down since we can't afford 20% down. Fix the property and refinance it, so I could pay the seller in full and just have a regular mortgage. Does anyone know a mortgage lender that offers 10% down on a conventional loan? Or Does anyone have any other suggestions?