The issue I'm discovering now is that, when I go to apply for a mortgage once I have completed this live in Reno, my debt to income ration will be too high.The solution I was planning to do is to add myself to the title of her home as joint tenancy and rent it out, at which point, I could claim 75% of the rental income towards offsetting my debt to income ratio, which would likely qualify me to obtain another home loan for another personal residence for my family to call our actual home.Does this seem like a sound solution or am I missing something?

I recommend finding a rockstar VA lender who is extremely knowledgeable about the VA loan (many claim to be but are not) and find yourself a local agent who understands the strategy you want to use.

What that means is the seller will pay all liens of record at settlement to give you free and clear title at settlement, and depending on the type of warranty deed (special vs. general), that the seller will defend your title against certain (or all) claims after settlement. 

Many pushing land trusts went further, incorrectly claiming that utilizing a land trust for ownership of a property would not trigger the due on sale clause in mortgage notes if the land trust itself was transferred (sold), and therefore mortgage assumptions and subject to sales wouldn’t have the threat of mortgage note acceleration hanging over the transaction.

Good afternoon BP,My partner and I purchased our first duplex in October 2021 and quit claimed it to an Ohio LLC.

Yes, but because I just started the least last year, I can only claim 75% until I file my taxes...but even that will just put me at 83k+

If they have an issuer they can take you to small claims which sounds like they couldn’t even do that.

Some people claim you should say you are the property manager but I think it’s foolish, people are smart, and they’ll figure it out.

Without going into excess detail,  I believe only one of them would have a valid adverse possession claim, based on the dates the houses and fences went in.The crazy thing is that even Google maps clearly shows the conflict between the lot lines and their fences and sheds.

But to keep this “fair” if any additional funds have to be invested (bad hvac/roof/insurance claim, etc etc…) you’d have to kick in 61% of that as well.