Siblings, Partners, Dual financing, Conflict of Interest?

[Sean Graham]

Nepotism ...? Isn't that what they call it in the big corporate world? My sister and I have swiftly produced a couple of beginning strategies for our business. We are thinking about our options as far as getting financing startrd AND long-term financing.

One QUESTION that came to mind is, "Would we be able to utilize our individual credit basis to increase our leverage for financing down the road within the first year".

Being that we are not married, yet would you use 1 investment account, if anything would limit us from being able to avoid that debt to loan limitation for us individually.

We are hoping to shuffle the deck as best as possible, and wondered if anyone knows of any issues which might present itself in the great future.

[Ashley Kehr]

My sister will be claiming everything and writing off the mortgage interest. The loan doesn't show up on my credit report and it doesn't count towards the rule of 10 for me on a fannie mae loan but it does for her.