Looking for some information

[Jared Christensen]

I am looking for some info on how people get banks to give them loan after loan.  I have read a few success stories on here of people buying a house for cash and then turning around and refinancing the cash back out to use for the next deal and they do this over and over again.  I have a pretty good credit score in the 720 range and purchased a house and remodeled it and was going to refinance my money out when I was done so I could rent it out and move onto the next project and the bank basically laughed at me and said well you can't do that.  Your income from rentals is not on your taxes so we don't know if you can manage a place or not.  And I looked at him and said really I have had 1 rental for 8 years on my taxes and shows steady income how does this work and they told me no we will not fund it. So now I put the house up for sale.