RE Investor DTI ruining ability to get/use credit

[Marjorie Patton]

I'm super curious if anyone else has encountered this issue...

We are RE investors in Denver - we've got 3 investment properties (or 5 doors). We have >$2m in debt spread across the investment properties and our primary residence. While we are both gainfully employed and have good income, our DTI (Debt to Income) is obviously incredibly skewed even though our properties cash flow.

The other day, we found a great credit card offer to finance a purchase and get 21 months with 0% APR. We were going to put a hot tub into one of our STRs. BUT, once we applied for the card, we were rejected immediately because our debt is so large compared to our income because DUH, we are real estate investors.

I figured a lot of other investors might have run up against this issue and I was wondering if anyone figured out how to work around it. It's a bummer to not be able to use free money when it's offered to you. 

Sincerely,

WonderingHowOthersDoThis

[John Clark]

It's also a bummer to be a creditor to someone who's over leveraged and putting investments on credit cards even if they are interest free for 21 months.

I wonder what your reserves are like, both for your investments and for your ability to withstand a loss of a job or income.