Looking for some financing advice

[Alex D.]

Hey all,

My wife and I are expecting our first child, which has changed my real estate trajectory. I originally have been looking at investment properties but am now looking for a primary residence. I am partner in a business that was started this year, thus my income is owner disbursement and can vary month to month. I really only disperse out as much as I need to live on even if I am making more then that. This poses a problem when trying to get a loan as most financial institutions are looking for a stable history of income with the same company. With self employment income, that means 3 years of tax returns. I do not have that. It seems that my only option is a hard money loan and refi when I can which isn't even really an option because the cost will far exceed the value of the home (or at least the one I have my eyes on right now), or to do an unqualified non owner occ at 5+% with debt to equity of 75/25 which would mean I couldn't live in the home for 6-12 months(?). 

The easy solution is to wait until my books income is qualifying or find a cosigner (no such luck), but I am hoping someone might have a better solution to do something quick as there is a home I am very interested in that is accepting offers only until tomorrow mid day. Hail mary attempt but maybe there is a creative solution? Either way, hoping to use this as a fire drill to get my ducks in a row for the next one. 

Thanks everyone!

Alex