Refinancing with high Debt to Income Ratio

[Edgar Perez]

I am looking for opinion/advice/or alternative solutions for refinancing with a high debt to income ratio.  I currently have 3 houses in my personal name and have come across an off market deal.  An obstacle I may encounter is I have a high debt to income ratio because of the 3 mortgages.  That is the only debt I carry aside from 2k in student loans.  I am a single household person and have a median W2 income of about 42k gross.  My oldest rental property is from 2017 a 4unit and I imagine that income can be factored in but still have 2 other mortgages from 2018 and 2020.  I had applied for a loan a few months ago and found my debt to income at that point was roughly 50%.  My question and concern is 1) I plan to try and establish a land contract/seller finance agreement but I am concerned when it comes time to finance out I will not be able to put a mortgage on the property. 2) the other option would be to use creative financing some combination of refinance the 4 unit or line of credit plus my reserve funds plus private money but again not sure if I would qualify for refinance or line or credit.  My ears and eyes are open to feedback and suggestions.

I am in wisconsin. 

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