I have an opportunity to get a hot Town home in Garland , Tx for 180K ...worth 200k . need a little work. rents 1500 -1600....always full ..seller firm at 180...might get him to 177.5...I will be  few hundred underwater if done conventionally.

The type of loads I have since out there are conventional loans with 20% down. 

You can typically get a multi family conventional owner occupied loan with as little as 15% down. 

Conventional programs allow you to buy before you start work provided the offer letter you get from your employer meets the loan guidelines.Ive been in contact with several employers in the St.Paul area that guarantee 40hr work week at with the salary of $30-38 an hour.

I don't think you'd want to unless you can't qualify for a conventional loan

The deal is from a wholesaler so a conventional mortgage is not an option.

Buyer used conventional financing - 25% down.

Do you have an conventional lenders that you recommend that are have experience with properties with ADUs?

Business StructureWe want to run the business through an LLC for its benefits.We are taking a Conventional Loan in my name to pay for the property.

You'll never cash flow with any kind of conventional financing in place.