I own 3 properties all + cash flow but cant get a 4th loan, help!

[Bryan Findlay]

(LENDER SAYS I CANNOT GET THE LOANS I NEED THAT WOULD STEM FROM A 1031 EXCHANGE. I MUST HAVE A JOB HE SAYS BUT I HAVE $.

I want to 1031 exchange my CA rental home which if sold would put me about $180K profit to re-invest in Idaho. I don’t want to sale straight up for tax purposes. I told my Lender I wanted to re-invest the 180K into Idaho (1031 exchange) by putting down $70,000 down each on (2)RENTALS IN THE 245,000K range which is sufficient to cash flow day #1 in my area. I wanted the remaining $40,000 for something cheaper that I can turn into a flip, but I am not sure 1031 allows for a flip home upon the properties you identify. IF this is the case, I’d still use this 40K towards another rental if the deal was right. So a total of 3 rentals off my 1 CA property exchange.

My credit is 770,. 75K in savings, + cash flow on both rentals OF $950 + $1043 monthly for life. My wife works part time and brings in a little money in but nothing much and has perfect credit as well. Are only debt (besides mortgage) is a car payment where it’s $455 monthly or total payoff is $14,000.

My lender who helped me get two loans in Idaho and a loan for my primary/rental said, I won’t be able to get more loans like I want without a job (injured off duty/career ending) despite my situation that would show i'd be cash flowing day 1 if the loans were honored.  All my homes have some equity and cash flow. 

If I got the 1031 exchange i'd want ID/pick 3 properties to split up the 180K and remaining a loan. I'd plan to put 70,000 on a 245,000 home X2 and the remaining 40,000 into a lower priced home. With my market and putting that amount down payment, i'd be confident to say i'd cash flow around$ 500 to $1000 between them once rented.

I DONT want to sell the CA home straight up, i'd be taxed to hell and plus doing a 1031 exchange allows me positive 180000 reinvest and that goes far in Idaho. This home in CA i have 2-bedroom, 1.5 bath will go for $330K and i'd leave with positive 180K or that much to-reinvest in Idaho which will go much further..

Please can someone help me get these loans or help me find a way. I feel like I am stuck but also feel with my credit, asset, savings, should play a role to decide if i can get the loans?.  Is it worth me trying another lender? of will the answer all be the same?

I know there are what if's, buts, and all that; but you understand what i'm trying to do hopefully and anyone creative or has a way for me to do this let me know. Thanks so much for reading all this!