One option could be to purchase a distressed property with a bridge loan, complete the rehab, and then refinance either through a rate and term refinance or a cash-out refinance into a DSCR loan.

I have purchased and renovated a couple of SFHs and am having some difficulties finding good tenants.

Determine if you have the discipline to manage cash, or want to be a  landlord.  

However, I have to purchase a new home, which would require either selling the property or using a HELOC.

Hi Aubri,I did something similar but to ensure we were in compliance with local laws, I called the local county building and planning department and had a meeting with them to discuss my plans (this was done during the purchase process) to get approval.

Purchased not one but two properties from a foreclosure with no title search .

What purchase price range is the property? 

Can we use our current investment propeties or purchase another investment property purchase to at least slightly offset the tax hit?  

Why do you think purchase contracts are so long and have such small print?

In 2019, I utilized the BRRRR method to purchase a home, starting by **Buying** a distressed property at a low price.