Looking to purchase something beachfront and hold as a STR/MTR

[William Powell]

Looking to purchase something beachfront and hold as a STR/MTR. I have 1 MTR I just rehabbed bringing the value to 160k which is my needed DP for the STR on the beach. Banker is telling me investors are being pushed out of the market and the terms they can offer are unfavorable. 5/7 year ARM 7.5%. I've been hearing about DSCR loans but not sure what banks do them. I've got other properties that are full of equity and are cash-flowing. Any ideas better than cashing out the new MTR for the down payment? I've got one cash out refi but I don't wanna get another one of those ARM products because that can get risky if the economy worsens. Thanks ahead of time.