How can I expand my rental portfolio?

[Jose Beltran]

Hello, I am a new investor trying to expand my rental portfolio.  My problem is getting approved for a loan because I already have two rental properties (Two four-plexes) that both still have mortgages on them. When contacting my lender for future loans, he explains to me my debts (both mortgages) and tells me my debt to income ratio will not let me take on more debt.  These are the only debts I have on my name.  I have saved enough for a 20-25% down payment but still that is not enough for the lender.  I understand I can go commercial but the interest rates are too high for me.  Any feedback is very much appreciated.  Thank you.