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Updated over 5 years ago,
How does a commercial loan effect my personal DTI ratio?
I am purchasing a duplex utilizing an LLC and a commercial loan. I am also planning to buy a personal residence within the next 6 months. I have a sizable downpayment for my personal residence, but will need to finance the remainder. Will the timing of my commercial loan prohibit me from securing a loan for my primary residence due to the newly acquired debt? In other words, does a commercial loan under an LLC impact my debt to income ratio, or since it is a cash flowing property, will lenders not count that debt against me?