Conventional loan denied. Need help

[Pavel K.]

Hi all. New here and hoping to get your advice. I put an offer on a condo for 119k$ short sale which the bank accepted. Bad news is banks won't finance the deal due to less than 50% owner occupancy. One lender thinks she can get the Loan with 25% down but it would be 10 years at fixed rate and ARM for remainder 20. Is this a smart idea or not ? Or do I consider a delayed financing ? Honestly not sure what's best and would love your advice in this situation. If anyone can help ?