Do banks factor in trusts or LLC when running debt/income ratio
I have been applying for new loans to buy another property but my debt to income ratio is high because of my existing mortgage on a 4plex. If my 4plex was owned by a trust or LLC would I still have this problem since technically it would not be in my name? Can a trust have a mortgage on it? Is it legit to use a trust or LLC in this way? How do others make this situation work?