I'm already maxed out what do I do?

[Alex Moazeni]

Hi.

I've told from my lender that I already maxed out and won't be able to buy more property unless report more income for 2020.

Question; is there any other way besides of reporting more income,to get approved for another rental property?

Any advice would be appreciated.

[Greg Scott]

If you are buying your rent properties correctly (strong cash flow) the income from the property should be sufficient to qualify for the purchase.  In other words, each property you buy should make it easier to qualify for the next one.

I suspect you are talking to a lender that typically handles loans for owner-occupants and does not know how to handle income-producing properties.   Talk to one that works with investors.