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Updated almost 9 years ago,
Which factors into DTI? What I make or what my LLC makes?
Quick questions about DTI. My LLC, which is a separate business from anything real estate related, consistently makes about $3,500 a week in profit, but as the sole member and owner of my LLC I am on the payroll at $1,200 a week. The rest just goes into the business bank account. Will a conventional lender use the 3k or the 1.2k to factor my DTI? If it is the 1.2k any suggestions on how to get them to use the 3k instead?