Multiple Loans in shorter time-frame

[Mike O]

Hello,

I am new to real estate investing and wanted some guidance regarding mortgagees.

In the later part of last year I closed on a triplex in the Los Angeles area that cash flows and is currently fully occupied. I used conventional financing (I believe the loan was sold to Fannie Mae) with a 25% down payment.

This is the first and only property that I own.

I am currently looking at purchasing a personal residence (I currently rent), however I have been been met with resistance trying to obtain a loan.

My credit profile is excellent, I am looking to put approximately 20% down and I do not need the income from the investment property to qualify (although so far it looks like rent will not be considered so in effect it counts against me).

Does anyone have thoughts on how to obtain another loan?

Thank you,

Mike