Need A Financing Solution

[Grayson Gist]

Hey all,

I am trying to owner occupy a second fourplex. Currently I live in one and would like to move out of the neighborhood to another one. I have a deal ready to go but financing it is getting difficult.

My portfolio currently:

1 SFR that cashflows $270 a month

1 Fourplex that cashflows $600 a month with me occupying it

Since all of that is under my personal name my DTI is really high. I'm trying to figure out a solution to reduce my DTI. My lender doesn't count a TON of the income and the FHA has a ton of rules about what I can and cannot count. Does anyone have a solution to reduce DTI? I only have about 15% equity in the fourplex.