How to refi (BRRR) in an LLC without personal DTI constraint?

[Brian Silvia]

My wife and I are in the process of BRRRRing 2 properties (held in an LLC, we purchased both with cash). We talked to a lender about the refi step for the first rental property, and were told that one of us has to persoanlly guarantee the mortgage, which means that our personal DTI will get factored in, and rental income from properties won't get taken into consideration until they are reported in 2 years of tax returns.

Is this standard across all lenders? If so, how do people BRRRR multiple properties a year, without being limited by their DTI?

[Josef Hardi]

Hi Brian, 

Have you reached out to https://www.the1brokerage.com/ specifically to look for DSCR loan. That loan type will not look into your DTI. Although the interest rate would be higher than conventional loan.

You can also look around for lenders that offer this type of loan to see what rate they can offer.

Hopefully that helps!