Investor trouble getting owner occupied loan for the purchase of a home to move into.

[Robert Kriedermann]

I'm trying to get a purchase loan to occupy a single family house but because I'm a self employed real estate investor, I haven't been able to get banks to lend. I have a great credit score and can put a lot of money down but because I didn't report my sold properties on a schedule c on my tax return, banks argue I have no income.

I've been in the biz a few years and have a few hundred thousand dollars that I use to rehab houses with but I don't want to spend that on a house that I will move into because then I can't use that money to do deals. Anyone have any luck with lenders acknowledging the property flips as income even though they are not reported on a schedule c on the tax return?

I'm looking for a lender to use common sense and see I can afford a modest loan to purchase and occupy a house when I have a consistent triple digit income. I can put more money down, do a shorter term, balloon, higher interest rate, smaller loan to value, etc. I found the perfect house that I would love to move into but I won't sacrifice my cash on it.