Commercial yet owner-occupied mortgage?

[PoorGirl]

I know that it can be difficult to get a mortgage for a corporation, but I wondered if anyone has info on a hybrid kind of situation?

 

Where it would be my LLC applying for the mortgage, but my company would have a signed lease with myself (and probably one other person). So it would be owner-occupied basically, even though it would not be a personal/individual mortgage? I could sign for 5 years so that the mortgage company feels that's more stable.

 

Am I right that this would be more difficult than getting a standard personal mortgage? I'm thinking of trying to build business credit, but I don't want to spend the time and effort if it won't qualify for a loan anyway. I know that I could get the personal mortgage (but I want it through the LLC so that I can add/remove other tenants more easily.)

[IndyPoolPlayer]

This would be considered an investment property even if you live there. In states where there is a higher property tax on rental and investment property (such as Indiana) the higher tax rates would apply.