I haven’t come across that before personally so I was wondering if that’s a good thing or a red flag he’d be offering that?

I have a real estate portfolio with good amount of equity (most of the portfolio is free and clear), however my personal DTI ratio is too high and that's stopping me from tapping into it to settle some debts and buy more properties.

The more desperate a person is, the more likely they are to pay this fee.

Does the Trustee if done in Texas needs to be a person or can it be a Wyoming LLC which as anonymity?

If they have kids now you really don’t want to be the person that said no and then one gets hurt.

Personally I would not put all my eggs in one basket, especially if I "fell into this position"

It’s good the person is alive and well. 

They said you can buy even single family home with a commercial loanThey don’t look at personal income.  

The easiest way to do that is to be honest with yourself about your goals, risk tolerance, personal bandwidth and capital. 

I personally use a service for all my LLCs I use a company called Prime Corporate services and have a holding company with all my LLCS under them.