Buying 2nd home and DTI may be an issue

[Dominick Alonzo]

just bought my first house, my debt to income on the first house was closer to being an issue than not. What ways are there to get another property without over extending myself in the banks eyes and how to achieve a 2nd mortgage. 

[Deborah Pyburn]

@Dominick Alonzo talk to your lender about how much you were trying to get pre-approved for. You might want to consider a lower purchase price so you won't have to borrow as much. This may be a reach on the west coast (I'm a California native) so you might consider out of state investing. If you do decide to stay in your neck of the woods, consider creative financing like lease option or owner financing to give you more time to pay down your loan on your first property and come out with a better DTI ratio.