Denied 2x for ReFi on cash flowing duplex. Need advice please!

[Emilio Basa]

Hi everyone,

I have a dilemma on my hands and I'm looking for some advice. I have a duplex in a very desirable neighborhood in Michigan. It's never vacant because of the location and because of the condition. I purchased this on land contract and spent about $20K on repairs. I ran out of cash and place the repairs on my credit card. I maxed out 2 credit cards getting the duplex rent ready. 

My issue is that the duplex consistently rented and making money, but my maxed out credit cards are killing my debt to income ratio. My credit is good and I'm making payments, but just not enough to bring the ratio to a level that is deemed "worthy" to a traditional lender. Are there any lenders out there that will refi my out of a land contract but won't charge me 9-10% at 30 year? 

Looking for some advice and help.