Since i had capital and had access to my commercial banks for the best rates possible on vertical and horizontal loans..

The DSCR loan would allow you to qualify based on the rent you are collecting and get up to 75% of the value (175 x 0.75 = 131.25k, minus 20k payoff and closing costs.You could get a line of credit or a bridge loan against it to borrow money, but it would be higher interest.

I am bullish on the FHA 203k and home-style renovation loans that allow you to leverage the cost of your renovation as part of your mortgage, which is just an insane deal, in my opinion.Do you have a specific area where you want to purchase?

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

As far as your next property, if you are already considering moving you will get better loan options + interest rates if you decide to live in the next property and rent out your current house. 

Bridge Loan: A bridge loan could provide the $150,000 you need until your tenant-free property sells.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

.- Do you have 200-250k cash, or is that what you can get with your loan amount?

I would include servicing costs of the loan and licensing costs.

You could build a new one every 2-3 years and move into it as a primary so the bank would be more friendly with your loan.