These are the key to getting a loan.  

The process of buying, getting a loan and settling to closing was extremely smooth.

FHA loans require living in the home as your primary residence for 1 year after purchase.

You need two years of steady income before you can qualify for a loan.

What loan size and loan to value?

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months.

Credit Unions are pretty great, as in my experience, commercial loan renewals tend to be automatic.

If you close with a conventional loan, it will need to be in your personal name.

I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.