Securing Funds to buy next Project

[Peter Hagemann]

Have accumulated 4 properties, 1. Primary home 2. Duplex/Luxury Town Home properties 3 and 4 are Quadplex and Triplex used as vacation Rentals 

Primary Home has a equity line

Duplex/Luxury Town home has equity line

Quadplex and Triplex no lines of credit but have combined equity of $700,000 recent appraisals done on both properties

 Bank said unable for lines of credit on investment properties

Debt to income is high because all properties are residential 

Excellent Rental income

Excellent Credit.

Excellent High paying job

1.5 million in retirement accounts 401k can not touch or move to a self directed IRA because only 58 years old

Have found a commercial property a 5 plex for about $600,000

Trying to figure how to get funding to buy this new project

Looking for suggestions.

Thanks

Pete