I had trouble finding a bank that would do two dwellings and ended up with a loan requiring 25% down and a few upfront points with 7.5-8% interest rate depending on lock in day.

I can connect you with one of my Loan Officers and we could look into this more deeply for you. 

When we do the construction loan, we'll take the cost you paid for your lot, your soft costs (plans, permits, property prep, etc) and add it to the build costs (keep in mind, we'll make sure those amounts are fluffed and that they make sense).

Good morning,  can I get a personal loan as a down payment for an investment property?

We are looking at few lands at this time, have not finalized on any one yet.

I understand that you're not happy with that answer, but that is my only answer and it is my final answer.

I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.

In this case seller owns and you both are taking huge risk that bank calls the loan(s)3. subject has a loan or mortgages and leases to you with credits towards buying.

Will some lenders allow a DSCR loan on this property as is? 

To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.