There are different loan options depending on the occupancy type. 

There are several options for outsourcing skip tracing.

Wanted to see what my best options are in this situation:I want to borrow 200-250K as a NRA(non resident alien) with no credit history, to invest in a syndication deal.I have a rental property that’s owned free and clear worth around 750-800K so in case of a cash out refi my LTV would remain low.It would be a short term loan: 2.5 to 3 years at most before I pay it back. 

The main difference is the terms, DSCR terms are 15 and 30 years fixed and 30 and 40-year interest only options, there is more leniency as to Minimum Credit scores, Vacant units, and DSCR coverage.

For the analysis of an arbitrage option, as well as other short-term rental opportunities, it entails a deeper review that not only involves understanding various market factors, but also the investor's estrategy and situation.

I'm evaluating both options over a 10 year time period. 

Appreciate some feedback.I had a tenant, ironically also in Gaithersburg (hope it’s not the same person because she was a pain in the *** lol) but she wanted a new carpet we paid half, she paid her half via us uppping the rent $50 over what it otherwise would have been, so that’s always a creative option, however I wouldn’t want gas at my property if I could avoid it, always a risk of a leak or worse so I’d probably lean towards saying no to this specific request. 

As for the options, there are a few exit strategies, flip and sell, flip and sell turnkey, BRRRRIf I do end up joining, I will reply back with my experience!

On the bright side, HELOCs offer a lower down payment option and flexibility to access funds when needed.

I am trying to weigh all of my options, any advice or suggestions would be greatly appreciated for beginning my real estate investment path!