Running a daycare and wanting to buy a new house ! Is it possible

[5 Little Monkeys]

I've only briefly looked into this myself. I was told that they like to see a self employed person be in business for 3 years. The realtor I spoke too said that it's not impossible and there are other options as well. We have extremely good credit but I am self employed and my husband switched careers 2 years ago so that makes me nervous. However, we are mortgage free so selling our house and putting that money towards the new bigger one would be our saving grace.

I would suggest finding a realtor or talking to someone at your bank to get a better idea of what you will need to do though. I would also talk to your accountant and see what they say. They may have had other hdcp clients who went through the same thing. IMO, making a heck of a lot more one year than the others would look odd and could maybe warrant an audit? I really have no idea though!