borrowing in this market

[John Davis]

I am seeking funds, not necessarily "hard", but would like opinions. I renovate older houses and the business has been better than anything I have ever done. I have 10 rentals now and the market here in Shreveport
louisiana is as good as it has ever been, rentals bring top dollar.
I recently applied for a loan through Regions Bank so I can continue buying. They turned me down simply because They said they didn't like my business. I called one other company on the net and talked to a loan officer and the first thing he asked me was "how many houses do I have?"
When I told him, he said that I am falling out of Fannie Mae guide lines, and I am a high risk. Whats going on here? Now because I own investment property , I am a high risk....? My wife and I have top dollar credit. I have houses that I havn,t been to in years because I offer decent rent, and I am being turned down for a loan?
Oh, well now that I have blown off steam, can anyone direct me to a lender that would be interested in lending in this area? with out just scarring my credit report and then saying "I don't like your business?"
And by the way. I have app. $200,000 in equity in all these houses now.
I wouldn,t exactly call that a high risk!