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Updated over 11 years ago,

Russell G.'s profile image
Russell G.'s profile image
Russell G.
  • from Texarkana, Texas
  • Member since Feb 22, 2013
Connect

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Russell G.'s profile image
Russell G.'s profile image
Russell G.
  • from Texarkana, Texas
  • Member since Feb 22, 2013
Connect
Russell G.
  • Texarkana, TX
0
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5
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Creative Real Estate Financing

LLC draw as income

Russell G.
  • Texarkana, TX
Posted

I am new to BiggerPockets and have enjoyed the informative Forums. My question is in regards to counting a draw from a Partnership LLC (my wife and I) as income for the purpose of refinancing my primary home. My DTI is a little high and I was thinking that I could show the bank that the LLC was issuing a reoccurring draw every month which will help my DTI. Any thoughts would be appreciated.

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