Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Austin Minor
  • Investor
  • Fort Worth, TX
0
Votes |
5
Posts

Need help figuring out how to get funding. Move to LLC??

Austin Minor
  • Investor
  • Fort Worth, TX
Posted

Hey everyone,

My wife and I want to move to a new area (4th baby on the way and need more space!). We have 3 properties: our current primary residence + 2 rental properties. The 2 rentals are new (less than 1 year) and aren't on any tax returns, although they are cash flowing properties. 

My problem is that I want to keep my (current) primary residence as a rental when we move. However, I can't acquire the new primary residence because the rentals are showing as debts without any income since they are new, so my DTI is really high. I don't know what to do to get around this. If I move the rentals to an LLC will that prevent a lender from seeing them since they will no longer be in my name?

How do I get around this?

Thanks!

Loading replies...