unable to get a hard money loan

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I'm in the Houston trying to get pre-approved for a hard money loan. My plan is to buy and hold. My problem is my debt-to-income problem. I had too many business related write-offs on my taxes. I really don't want to go to private money I want to use a hard money lender. I guess my question is does the DTI varies from lender to lender? I already had my taxes done for 2013 is there anything I can do at this point? I'm tried of sitting on the sidelines I'm ready to jump in!

[David T.]

Shay, You really should not use HMLs for buy and hold deals. All things considered, the long term payments when stacked against your rental income are usually unsustainable. The best use of HMLs is for short term funding; 90 - 180 days and 12 months plus on commercial deals. Ask and they will tell you that themselves.