I am the owner/operator of a private lending/hard money lending company based in Knoxville in conjunction with our local family office.

Forsee Power is a French-based EV battery company that will be establishing a North American HQ in Columbus. 

Hello Hello,I need to access My Equity But my DTI is High, this some information :- My Equity is about 240K- My Mortgage Payment = $ 1750/Month ( include everything ( PITI ))- My W2 = $4700/month- My Credit Score 690 (based on soft pull)I need :- 70K to build 4 separate bedrooms on my backyard, so I can rent it out. and generate income.I have Debt =- Car Loan 35K / Monthly Payment $720- Credit Card 25K / Monthly Payment $700 ( this debt not for luxury, but to build room addition about 250 Sqft, 2 years ago)So my total monthly payment debt + mortgage = $3170My Taxable Income W2 only $4700But my Family (from other country) deposit to my chase checking account about 25K ( about $2000/every month) per year.And No, I don't have anybody can be my cosigner / co-borrower. 

Our options are buying a new HVAC system, which will run us probably $5-10k based on our research, or we could go with a "rental" HVAC from a local company that includes all repairs, maintenance, filter replacements, etc. for a monthly fee of about $100 over 8 years.I figure we could offset the monthly cost by increasing our asking rent and save our reserves for something else that may come up, but I could also see this limiting our cash flow potential for the next almost decade.Has anyone run into a similar scenario?

Again, i could be way off base assuming these things, but that's what im gathering from the information you're providing.  

@Chris Picciurro not sure its a slam dunk based on today’s reporting…

I've worked a bit with family, and just today managed to lease a property for 38% over our PITI, which apparently isn't that good (based on what I was reading in these forums, LOL!)

It is challenging out there especially to new agents with no base or previous sales.  

But when all 3 aligned, it added up to the perfect formula for home flipping deals which is 80% of wholesaler’s client base. 80% of my leads came from 20% of my local countiesSure Denver itself might not work out, but if you go out far enough, you’ll find a county or two where the median home value is less than $350k (to find distressed sellers) and the population is more than 100k (to find cash buyers).

I like the concept of a 1 year lease, but I anticipate the buildout for a dentist office to be fairly costly (maybe $350K+ if I had to guess based on my other experiences) unless the space is already built out as a dentist and they are backfilling?