How to finance a 5 unit multi-family Short Term Rental?

[James Humphrey]

Hi everyone, 

We are looking into a deal to purchase a 5 unit apartment building that currently operates as a short term rental. The price is $3MM. 

I have experience using DSCR loans that calculate the STR revenue to purchase smaller single family homes. But with this being a 5 unit multi-family building most lenders do not offer a loan product that will take the STR revenue into account.

Surely I'm not the first person to come up against this so I thought I would try and leverage this forum for advice. Does anyone have experience purchasing a 5+ unit multi-family building for the sole purpose of operating it as a short term rental? And if so, how did you finance the deal? 

Thanks in advance!