Finance a property for personal use that my LLC owns

[Pat C.]

Hello fellow BP members!

I'm currently trying to figure out the best way to finance a SFR. Here is the scenerio....

an LLC that I am a member of purchased a single family home with the initial purpose of a fix and flip. The LLC paid cash. Since the acquisition, my wife and I really like the house for our personal residence. The property is still in the renovation stage with about 3 months to go before complete.

The other 2 members of the LLC are ok with me purchasing the property from the LLC.

Question: How can I  most effectively purchase this property using conventional lending? I would like to finance the purchase price and all renovation costs associated.  Can I find a lender willing to get creative at closing and use a K-1 distribution from the sale and use the K-1 distribution as my down payment? 

Basically, I'm trying to finance all the costs that went into the property (purchase price and reno cost) and reduce/eliminate down payment by using K1 distribution from the proceeds of the sale that are due to the LLC. I need to find a creative lender who can help me navigate through these complexities.

Notes: 

This house will appraise for lending purposes

I have excellent personal credit

Thanks for any insight!

-Patrick