Options for Financing problems

[Isaiah Wily]

I am trying to get financing for some multi family units but I'm having a problem with conventional financing due to my tax returns. My businesses were forced to close for an extended period of time in 2020 so my tax returns look completely different from 2019 to 2020. I always file for extensions so my 2021 tax returns (which will look a lot better) will not be done any time soon. 

Im looking at two different situations.
1. After reading up on the different loan programs, Im thinking the best financing program would be the DSCR...which I like, but was told comes with a higher interest rate.

2. (This route I have questions on) Bring in a partner for loan approval purposes only. How would I structure this? If their name is on the loan documents, they are taking some sort of risk so how should I compensate them for that? 

 If someone who has done this before can explain to me how they set up their deal, that would be great!