Business loans typically won't let you purchase a property if you read the fine print.

@Patrick Roberts & @Tim Delaney- which lenders/ loan types are good for 80%?

Since you will be renting it out you should get a conventional loan.

I mean, don't get me wrong, we have to comp the property...so if you are looking to REHAB the property and make it something different, then you need a rehab loan first and then refinance after type of thing. 

Our names go on title and our loans have the real estate as collateral so they are “secured loans.”  

Not only will you lose your property tax exemption, but you may need to secure LTR tenants.

I would love to connect and pick your brain a little more to understand structure of these loans! 

This gives you time to save or secure financing while locking in the opportunity to buy.Deferred Payments for Belongings: If the belongings on the property are a sticking point, you could offer to assist with clearing or storing them as part of the deal.

I am sure the interest in that hard money isn't great.All DSCR loans I have seen require at least 12 months.

Its a tiny loan for any institution.You'll have to get hard bids from a local GC, but maybe $110/ft?