For your specific question about doing a JV on the loan, my suggestion would be that both go on the loan and then do a separate joint venture agreement...because you can not have an LLC on the loan for those loan types, they need to be in your personal names.I am not a lender so maybe one of my lender friends could chime on exactly this would work @Zack Karp, @Michael Facchini, or @Jose Valdovinos?

I know DSCR could affect my DTI, maybe if I put it under a llc and sign as the guarantor could I work around it affect me personally?  

The loan attaches to the property, not the LLC. 

Originally posted by @Joni Chin:@Matt B.I guess you could but I need an address for LLC’s in another state so that’s why I have more than one.

And they are not beholding to owner occ disclosures they can do whatever they want .. you either accept or dont close.He's taking a commercial rental loan made to his LLC.

This property is owned by a multi-member LLC.

As a lender (aka “Maker”) to Norada, you are a valued member of the Norada family.The purpose of this correspondence is to provide you with an update on the repayment under the terms of the promissory note (“Note”) as an obligation of Norada Capital Management, LLC (“Norada”).As with all businesses, Norada is subject to market factors that could impact its ability to make payments.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

You can also close these types of loans in an LLC if that's a concern.

If your Husband is a US citizen, just open an LLC and do a 50/50 equity split with him.