Debt to income for BRRR
Hey BP,
Working on my third deal (second rental) and started laying the ground work on a 91 day seasoning period loan. My question is- does personal debt to income ratio matter if the property is in an LLc when you refi? I have another rental and a primary house so I’m thinking this would put me over the threshold for debt-income but I know folks use this method to scale so I’m sure I’m overlooking something. Whats the best practice? Commercial loan? High equity? Large w2 income? Help!
-Thomas