Loan qualifying when transferring title to LLC
Hey Everyone!
I'm in the process of transferring title of the 5 properties I own into an LLC. The 5 properties I own are with my parents and they are all owned 50/50. The first three we purchased we are both on the loan, and the last two I am only the only person on the loan. I am trying to understand how a lender would look at the LLC and loans when I ultimately go to qualify for another property. For the two properties in the LLC that have loans in my name only, will they ding me for the full mortgage since the loan is in my name, or will they only look at half since the title and loan payments are running through the LLC?