Construction or conventional loan for a house hack?

[Ro Taylor]

We're doing a house hack by turning a garage into an apartment. We've got the contract for the house, but trying to figure out the loan...

Seems like there's lot of options. We were planning to do a 20% down conventional loan for the house, but to finish the garage would be a good bit extra.

Can anybody help on what our options are? Seems like it's either a 20% down conventional for the whole thing, a construction loan rolled into conventional, or trying to pay out of pocket? Is that right? And what are the chances of a cash out refinance?

Thanks for the help! This is our first time with a house hack & major renovations...