Yes..you can own a house and rent at the same time. The questions is if you are qualified for a new loan since you mentioned that you don't have pay stubs and the business is on your husband's name. You will have to show income either from work or alimony/child support or any other source of income .
You can call me to set up appt with my lender at 702-612-7099 or email me at firstname.lastname@example.org.
Most properties can't be converted to corporate rentals because most subdivisions don't allow short term leases of 1 mos to 2mos. Check your HOA carefully as you can be sued by the HOA for misuse of the property.... more