Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

3
Posts
1
Votes
Bryan Ojeda
1
Votes |
3
Posts

LLC - debt to income problem

Bryan Ojeda
Posted

Hello,

I had two properties under my name that I transferred to an LLC where I own 20% interest.

This is screwing my DTI when trying to purchase a new home as my homestead because all the debt is in my personal report but only 20% revenue.

Is there something I can do to change this? 

Most Popular Reply

User Stats

684
Posts
382
Votes
John O'Leary
  • Lender
  • Winter Park, FL
382
Votes |
684
Posts
John O'Leary
  • Lender
  • Winter Park, FL
Replied

Maybe refinance to a DSCR loan in the LLC. DSCR loans are typically not reported to credit agencies.

  • John O'Leary
  • [email protected]
  • 800-663-4122
  • Loading replies...