Cash out refinance and investment loan

[Wendy S.]

Hi guys, so I am about to start the cash out refinance process on my primary residence. However, an investment property has become available that I would like to purchase.

Problem is my DTI is not great, which was 1 of the reasons I was looking at the refi in the first place.

Is it possible to get a refi and an investment loan purchase simultaneously or any other suggestions on how I can make this work. I'm able to come up with the 20% dp but would work with 10/15% depending on the numbers.

@Chris Mason.