They contributed $125,000 cash as the down payment (25% of purchase price) but my wife and I are the only individuals on the mortgage loan.  

Conventional Loan How did you add value to the deal?

Is it possible to get a 30 yr fixed loan for this type?

I used a VA loan to fund this deal.

Well if you live in a massive apartment building the debt that underwrites that building is likely a commercial loan wrapped into a security instrument.

VA home loan How did you add value to the deal?

It will amoritze loans and export your rental income and expense information to Turbotax. 

I have a loan for the land and construction but need over 10 million for each one so about 20-25 million in total plus about 7 mil for the fees to get the project started.

so it was an accidental flip.typically for your first few deals, you'd take out a hard money loan - and so you'd probably still need to (1) put 10-15% down, and then (2) make interest only payments during the rehab.  

Hey everyone, any thoughts on taking out a business loan for buying your first rental property?