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Updated almost 8 years ago on . Most recent reply

User Stats

37
Posts
7
Votes
Nyelle Johnson
  • Philadelphia , PA
7
Votes |
37
Posts

LLC Property Affect Personal Home Purchase

Nyelle Johnson
  • Philadelphia , PA
Posted
Hey BP Community I am in the process of buying a new Home for myself and purchasing a investment property under an LLC with cash. Mentioned it to my loan officer and he’s saying that the property for the LLC may come up when the underwriters do the search. I close on the investment property next week Tuesday and my personal home the end of April. My debt to income ratio is already a concern do u think the LLC property will show in their database being as though it’s such a recent purchase.

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