Agreed with most of the feedback on this chain - It ultimately depends on the W-2 position, the role(s) you are stepping into in the company you are acquiring, AND the lender preference. There are only so many hours in the day and running a company, especially immediately post-closing, demands a ton of time so lenders will be critical of buyers splitting time with existing W-2's. If you are considering keeping your W-2, I would just be very honest with yourself and put together a realistic breakdown of hours/responsibilities you can allocate to each role.

We did, placed the wife as the general manager and pointed it to her running the day to day. Just need to show some affiliated person having vested interest. Actually worked out well - W2 qualified us easily, wife being GM solved the commitment