I have an a property under an LLC. How is personal DTI affected

[Gabriela Esposito]

Hi everyone, I have an investment property under an LLC in Ohio. I am looking to purchase my first primary residence in California. Does the investment property affect my personal DTI if it's under an LLC and not my personal name?

[Jay Hurst]

Quote from @Gabriela Esposito:

Hi everyone, I have an investment property under an LLC in Ohio. I am looking to purchase my first primary residence in California. Does the investment property affect my personal DTI if it's under an LLC and not my personal name?

@Gabriela Esposito 

If the loan is on your credit report does not mean anything. at all. If you are personally liable for the debt it will effect your debt to income. There are many loans that are not on your credit report including almost all hard money loans, but as well as small banks even on primary residence mortgages. It actually cost money to have a tradeline added to a credit report so short term or small lenders simply do not do it. But, that does not mean it is not a liability even if it is in a LLC if you have given your personal guarantee and the underwriting was based on your personal credit/assets. So, unless you have a non-recourse loan (which is very unlikely) the loan will effect your debt to income ratio.