As in buying a duplex or quad using a FHA loan (loan down payment), live in one of the units for as long as needed to qualify for that program and then pursue your primary residence. 

But, you could do the second option I mentioned above. using a 220k appraised value we would potentially do a short term bridge loan with no pre-payment penalty at 165k, giving you the cash back. 

Borrowing money from "Bank of mom and pop", seasoning it and using as a down payment later is definitely loan fraud. 

Deal StatsI am using a HML which of course reduces the profits (i could make 20-30k more with cheaper money).

I am using a VA loan and I am required to live in on of the units.

You may be able to find a regional lender and would recommend using a loan broker to shop their network of lenders.

If you have more than 15% equity in your current home you may be able to tap into it using a HELOC.  

There are signs of fungus.Plumbing should be inspected further by licensed plumber, for repair needs.No detectable structural issuesFurnace works properly (2015)No evidence of termitesCrawl space needs vapor barrierRoof in excellent conditionAll electrical outlets operate properlyThere are few gutter/flashing/siding repairs to be madeI'm using the inspection info, to complete a scope of work, using a template from the J.

Many other homes in the valley are affected.I went out to assist removing the water using a shop vac.

This is our first time venturing into self storage and was curious if more seasoned investors in this space recommend using local architects or would they recommend using a firm that specializes in self storage units?