Tapping Equity with DTI Hurdle

[Brian Kraft]

Hi,

I've got around $1.5 million in equity in a few properties around Denver, Colorado. Without selling, I want to tap into some of it for investing purposes, but I've got the good old favorite DTI hurdle that's preventing me from more easily accessing it from a conventional lender (I checked with a credit union already). My wife and I are in a transition period -- one in which I retired my decade-long business, became a stay-at-home dad for our 2nd child, and am now doing RE investing fulltime (managing my local properties and making good progress on remote-investing in other parts of the country).

What are some ideas for tapping into that -- which would include reasonable terms (not interested in hard money, e.g.)? Please share thoughts here or feel free to contact me with any leads for local lenders. Thanks!