Investing in Grand Rapids

[Sean N.]

Quick recap:  I've been a member for awhile now but never get a chance to post due to a real 40+ hour job, rehabbing a condo for a family member and managing my own rental.

What I have so far:  1 rental house in Wyoming (clear title) worth 55 - 60k.  I've owned this house for 1 year and 2 months so far and ready to tackle another.

Goal:  Needing help and creative financing to obtain a 2nd house.  I've talked to a couple local banks to pull equity out of the rental house but they said my debt to income ratio is right at the edge and even though I could pull about 70% of it's value that would take care of a down payment but I wouldn't be able to get a mortgage for the rest.  I'm looking for someone in the Grand Rapids area, let's have some coffee and talk options.