SOS! Help with financing ideas for third and forth property!

[Brian Brunell]

Hello!

This is my first post and would greatly appreciate some help with financing ideas. I currently own two properties, one with two units that are rented at $800 and $500 per month. My second is my home which I reside in. I would like to purchase a property for sale that has two legal houses on one lot, the price is $218k, the larger house I would occupy and needs little to no work. The second dwelling is small and needs a little more work, but is move in ready and comparable rent is $1000-1200. I would rent it to my brother for closer to $1000/month but he is an immediate occupant. My current mortgage is $1183. My idea is to rent my current house out, comps are $1,400-1600/month. The trouble lies in getting the loan because of my debt to income ratio, any ideas? Thank you for reading!

Brian