Getting a commercial loan won't free up your DTI since you would be a PG on the loan.

It depends on the lender and the way the OA is set up. if it is only a 2 member LLC and both members have 50/50 ownership, then both may be required to be a PG.

But seems like being a sponsor could be a good gig.. although you do have your reputation at stake if not your PG on these deals..  

PG county gets hit with a large settlement bill every time.

It's awfully hard to get non-PG on loans.

The downsides of signing a PG....Document List (state.ny.us)  Wow....

If they filed and the property was worth less than the note and their was no PG or they don’t have other assets you get the property back to which if commercial is probably worth a lot less than what they owe.Have you ever managed a commercial property ?

.: Marco is still pumping out podcast episodes so is Clayton Morris and his deals were out right fraud and theft I have an investor who we we bought a loan from and had to foreclose on his asset and now going after the PG, if you saw this persons online presence you would think this guy is CRUSHING IT - he has his BK attorney reach out saying he is $2M in the hole and contemplating BK because he owes so many people money from bad deals. 

Others will not require a credit check at all, if there is 1 PG on the loan, owning more than 21% of the entity. 

https://www.facebook.com/pg/re...