I’ll get right into it, my dilemma is that I while I am doing great with my business I can not secure financing through a mortgage due to the age of my company.

There are newer ways to meet accreditation through securities exams, but most accredited investors qualify based on either income or net worth. 

The platforms will have your legal name drivers license and social security.

For HomeReady loans, financed properties owned by a non-occupant co-borrower that are owned separately from the borrower are excluded from the number of financed properties calculation.The following property types are not subject to these limitations, even if the borrower is personally obligated on a mortgage on the property:commercial real estate,multifamily property consisting of more than four units,ownership in a timeshare,ownership of a vacant lot (residential or commercial), orownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).Examples — Counting Financed PropertiesA HomeReady borrower is purchasing a principal residence and is obligated on a mortgage securing an investment property.

Especially interested in implications to others on the lease, security deposit (they also have a pet deposit), etc. 

1) they don’t want their tennants who might not be financial secure to lose everything they own.

However, you are in a position to make smart moves toward building your wealth and financial security, but renting does nothing to advance those goals.  3.  

Suresh,Perhaps if you would like some outside perspective on the deal in general, please share the basic numbers so we here on BP can underwrite it with you.Aaron Chapman with Security National Mortgage (602) 291-3357 is my go to lender.

Helpful screening techniques for tenants (currently the property has one unit rented and we would live in the other)4.

If you are flipping houses as opposed to holding rentals you can save a little money on FICA tax (AKA self employment or Social security) bu setting choosing to tax your LLC as a subchapter S Corporation.