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Updated about 3 years ago,
My DTI is too high due to helping parents
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.