I am using the DSCR loan which is the best loan option for me right now.

This has resulted in an unexpected financial burden of $7500.In light of these circumstances, I am seeking advice from you all on the legal options available to me.

The option that I am entertaining is to purchase a multi-family that will cash flow enough so that altogether, the two properties cash flow positive.

Currently I only hold stock, options, and crypto as I am just starting out in my real estate journey

There might be cheaper options, but it's important to remember that you often get what you pay for. 

My questions is this: Is it smarter to purchase a property outright vs. putting down payments on more than one property. 

If you get a property for $15k at auction here in SFL and it's worth $250k, you just lost your money 99/100 times.A $55 title check goes a long way.Only options you have is to rent until bank kicks you out to try and recoup some investment, if it needs fixes don't put money into it, you will not get a penny back from anyone.

Working with realtors for valuable market insight and contractors for scope of work might be a good option for you starting out if you don't have experienced flippers you can work alongside that know this stuff. 

Both options have their merits, but with the market fluctuations and my unfamiliarity with the area's real estate landscape, I could use some insight. 

But you ALWAYS have the option of shopping with your feet.