Have sole proprietorship business and showed loss last year. Can I get investing financing on a property?

[Jason Andrews]

Since I am new to real estate investing I am still learning financing.

Last year my wife and I started a small business (sole proprietorship), actually her business under my name. I work full time and make a good income but this last year we showed a loss in our business on our income taxes. Will this hurt me when it comes to my finding financing on a real estate investment? Will the banks look at my business (sole prietorship) and my income combined to finance a real estate property or just my full time job?

Should I turn my sole proprietorship into a LLC before I start investing? Should I wait till we turn a profit in our business?

Need advice. What would be best steps to take for the transition into investing?

I would like to find my first property within the next 6 months.