Relocating, purchasing a business and disclosing self employmentI'm trying to figure out a way to purchase a business and get a mortgage at the same time. I know the rules for self employment are rough (2 years of earnings history). As of two weeks ago, I worked for a company, have W-2's with solid income for the last two years and good credit. I would have no problem getting a mortgage. I have left that job and am purchasing a business that is the same as the business I worked for. Let's say I worked at a McDonalds and am now going to purchase a McDonalds. If I relocate to purchase my new business and pay myself enough through payroll to show paystubs with income in line with what I had previously been making and have yet to show any business income or loss on my tax returns since I am doing this all in a period of a few months, will I need to disclose that the money earned in my new position is actually from a business that I own? Any help would be appreciated! July 07 2009 - Cape Coral00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.