My DTI is too high due to helping parents

[James Salazar]

My partner and I are trying to get pre-qualified to buy an investment property, however I helped my parents buy their home and it is under my name. The bank states because of this our DTI is too high. Should I put the home into a trust or LLC to remove it from my personal name, also just worried because I don't want to do anything to jeopardize my parent's home.

[Bill B.]

Who's name is on the title won't help you. It's the fact that your name is on the mortgage that's hurting you. They'd have to refinance without to reduce your DTI.