Strategy DTI to high credit score 775/780

[Renee Lee]

I’ve got a strong credit score. And I’ve got a total of six doors. But I can’t seem to qualify for an additional property due to my debt to income ratio. I’ve owned all but one of these properties for more than 15 years.

-Duplex paid off monthly rent $1180.

-Single family home owe $12,000 / monthly rent $1150.

-Single family home owe $12,000 / monthly rent $750, soon to be $950.

- Duplex owe $89,000 / monthly rent $1800

- Primary residence: owe $65,000 (and no rental income here).

Pulled some $15,000 of Equity out of my primary residence as HELOC to rehab the property that rents for $750. After I cleaned it up I believe I can get 950 maybe even $1000 a month rent. I know about the BRRRR method I've thought about using that method with this property, BUT I'm in central FL and there isn't a lot of property for under $100,000. Plus I do t know of a lender who will do a refinance on investment property, in terms of cash out.

I’d love feed back on how to qualify for my next investment. Including maybe a lender that works with people like me.

Your sight, experience & guidance are much appreciated. Thanks for taking the time to help me.