Looking to invest in long term hold multifamily.

If you have scorable US credit, you'll get better terms.

I posted on Facebook that I was looking to buy a flip, and a fellow agent sent me some details about a property she was going to list.

We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

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My budget is in the $200-250K range.Please feel free to let me know if additional details would help, and thank you in advance for your time and advice! 

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I don't get the term "DSCR loan"   I mean all loans for 5+ units are based more on the property than the buyer.     

Being out of state, I would suggest vetting your "team", meaning find an investor realtor, lender/s (hard $ / long term), property manager, contractors, etc.