My question is can we create a LLC for her and Dscr refinance our current property into it to free up my dti?

I've been saving for a house hack over the past two years and recently came across a great property in the Denver metro area that I’d love to pursue.

Quote from @Simon Girmay: Hi Everyone,New to investing as I don't have any properties under my belt yet, but the goal is to have something by the middle of 2025.

I don’t intend to occupy the house as a primary residence but purchase the property as an investment property. 

Are you looking for more cash to invest in something new or for more cash flow from the property that you're refinancing?

There are risks too, when buying condemned and burned-out houses because you may not be able to control the environment where these properties exist.

The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.

That means later on you can remove PMI, get a HELOC to buy more properties, etc. 

Quote from @Dan Shuder: Not all property managers are equal.

He’s an investor himself, has a STR property management and has everything dialed in.