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Do you have a living trust? A trust atty will draw up the paperwork for an LLC and accommodate in your trust accordingly. Btw, your DTI won’t change.
Got it thanks
If you have a mortgage on the property that you plan on transferring to the LLC, you should probably run it by your lender to make sure they're not going to call the mortgage due on transfer, which most mortgages allow for even if the banks didn't always bother.