I have: -$14k in a traditional IRA-$5k in Roth IRA I have pre-approval from my bank for a conventional loan in my name for $80,000 purchase price ($12k down, $68,000 loan).I've searched the forums, but haven't found resolution to my exact situation.

Also, since you are owner financing your houses, I am guessing that the interest rate you are charging is 6-8% and their downpayment is 10%?

I don't know what I am even pre-approved for in a conventional loan yet but I filled out the paperwork today and sent it in and I'm sure it will get sent back saying there were a couple things missing.  

You can finance loans in an LLC but they would not be conventional loans.  

And what the heck is re-inspection fee (charging me $175) for?

There are 3% down conventional products as well, and Movement Mortgage currently has a 3% grant (never needs to be paid back, apparently) on a conventional product if you are below a certain income threshold, so may be worth contacting them.  

@Donna Ryngala Any attempt to circumvent owner occupancy agreements - which you will sign at closing - could set you up for a charge of mortgage fraud.I'm not the world's foremost expert on this, but I do believe that the new home must be your primary residence, including being your mailing address.Talk with your lender to be sure you understand the requirements.

I couldn't find it on my amazon list and I'll have to charge my Kindle as it's on there. 

Commercial:- You can buy residential property under llc your 2-4 units if you don't want to go  to conventional loan route. 

I'm looking into my first potential investment, I'm looking for any ideas of possible ways to get the capital the list price $550,000 on four units, current rental income $3595/month the property is in good shape has two long term tenants and the other two unit are occupied and I'm currently looking into financing but I don't think I'm going to be able to get a conventional loan any ideas on other possible ways to get the funds that perhaps others have used or know of I'm brand new to all this and I'm still learning a lot.Thank you in advance