SBA has a 51% owner-occupied stipulation for real estate. The question is, can a business owner looking to acquire a building buy the building with SBA financing with a real estate holding company, and then occupy the building as a tenant paying rent, while meeting the occupancy requirement? Both the Property Co landlord/ borrower and the Operating Co tenant have the same ownership; however, it is a two-person 50/50 partnership tenant, and a one-person 100% "one of the two partners" landlord, looking to buy the building.