How to get a mortgage with good credit when the DTI is to high

[Yosef A.]

Hi guys! It's nice to see a panel of such nice people where everyone is looking to help one another!

My question is like this: I bought a single family rental a year and a half ago, since it's in a neighborhood where the value is rising very quickly. The rent covers the expenses, with a couple of hundered dollars left over each month.

I now have alot of equity in the house, yet can't refinance since with my mortgage on my primary residence, and car loan, the debt to income ratio is to high.

Any ideas on how to get past this, and refinance in order to cash out, and buy another property?

Looking forward!