Plan on buying MFH, Downpayment loan from employer?

[Tom Lynn]

I am fairly new to BP but I am familiar with the real estate industry.  I'm currently an accountant for a contracting company and do the books for the owner's 3 property investment companies.  I'm really interested in purchasing a MFH, probably 2 unit, but I don't have the available funds to make the downpayment and all the closing costs.  

What are your thoughts on getting a loan from my current employer to cover those costs?  I believe there is a 95% chance he would do it but I'm hesitant to put myself in his debt considering I'm young and possibly not staying with his company forever.  On the other hand this could be my doorway to less financial stress and a start to my future.

Here is my predicted scenario.

MFH 2 unit

Purchase price $60-$90k, FHA loan