A bridge loan with some rehab money held back can get you in the property with low interest-only monthly payments to value-add - raise rents and refinance into 30 year cashing-out at 75% LTV.. just a thought 

They all have the same products: Flip/bridge loans, DSCR Purchase, DSCR Refi. 

@Jeff Bridges that is actually exactly what i was planning to do.

It is like the old saying of "burning all bridges behind you".

You'll have options like immediate refis, bridge loans, various hard and soft money loans, rehab lines of credit, more fluid cash-outs, and quicker turnarounds.

Is this something that a bridge loan can address?

Bridge Lenders will typically provide a preapproval, but that doesn't equal a POF.

If that's the case where you are, or if you think it EVER might be, do you want to burn bridges with a tenant you may not be able to get rid of for several months?

So be careful with this as well as you don't want to have it long term - but it could be the "Cash Bridge" to getting a deal completed quickly and then finance the property after seasoning period is completed.

I'm a realtor and investor in the area with a STR right across the bridge in Destin, FL.