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Updated almost 2 years ago on . Most recent reply

Account Closed
  • Specialist
  • Utah
12
Votes |
35
Posts

DTI after lease agreement from an LLC?

Account Closed
  • Specialist
  • Utah
Posted

If I have a property that my spouse owns ( I am not on the deed), am I able to lease that property under an LLC that is owned by my holding company? LLC would conduct STR out of the property. For qualifying for future conventional mortgages would a lender accept 75% of this lease it offset his DTI or would they consider it as a full liability unless it had more than 2 years of STR history?

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