2nd opportunity came up while first is under contract

[William Arrington]

We are under contract for our first AIRBNB and a second opportunity came up.  I called our lender to ask if it was possible and he said he did not know because he had to go through 5 underwriters to find one for our first.  My question is.. How do you guys get around this?  If I am getting push back then a lot of others are also.  My credit score is 830 to 841 depending on which 3 you look at.  I am able to place 25% down on both and I own both my cars and the only debt I have is my personal mortgage for a home that does not stretch my finances at all.  He did say that I do not have income from the first to offset the next yet which I get but.... I am doing pretty well for myself.  Any thoughts on this would be greatly appreciated.  

[Nick Velez]

@William Arrington

If the first lender determined that your DTI would be too high since you don't yet have income for the new property, you could go the DSCR route. That is a loan that does not take into account your personal income and more so cares about the properties ability to cash flow. The interest rates on these are higher, but you could always refi down the road once you have income from the first property. Feel free to message me if you have any questions.