Found the deal through a co-worker.

Buy a fourplex and rent three units to offset your payment, or get a co-borrower instead of just a roommate, etc. 

For undergrad students, have previously required a co-signer and for PhD students, have qualified them based on stipend income from the university. 

Hoping BP community can recommend a company other than Vertikal?  They manage/track Tenants' Certificate of Insurance for our commercial properties but we are not too happy with them.Thanks. 

@John Hurley- thanks for the outline   1)  you wont be able to  waulify for a conventional or a FHA loan until you have a  solid 2 yrs of self  employment under your belt...possible to  have  a co borrower  or two  go  on the loan with you   2)   depending on the marketplave you are in , you might  be able to  look for a seller  that  is willing to  take a   small down payment and  carry the  remainder on a private note  ( this is  hard to  find as sellers  are  normally not interested) ....3)  if you buy a property  as a rental - the down payment will  be a min of 15%  of the  price ( possibly more ) It  sounds to me that  your  best bet will be to  accept the  100K /  focus on getting your product and  business  off the  ground and  established  and then  consider buying 

@Nick Militello have you considered using a co-signer to get the conventional loan?

@Jake MadDefinitely ask for a co-signor.

They dont require payments and they call it a "Co-Investment".

Does a Co-Signer also need background and credit check?

Rather, you are becoming a co-borrower on the loan which actually makes you liable for that HML loan, which you wouldn't want to do unless you are negotiating some sort of equity split and not just acting as a lender who gets interest income.