Inventory is low .

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.

Even then make sure you do a background check, credit score, and put them on a legit lease.

@Tony ScalYou could try for a blanket open ended line of credit with a portfolio lender would be easier if you are working with someone you have a relationship with and much easier if they held first position.  

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. 

There will be a credit and asset review, but the rest of the file review will be focused on the property.

To find investment possibilities, consider elements including property pricing, demand for rentals, vacancy rates, and economic trends.Think About Financing choices: Investigate your choices for financing a possible real estate purchase, such as FHA loans, conventional mortgages, home equity lines of credit, or other innovative financing techniques.

I have very low turnovers and sleep like a baby by being a little lenient here and there.

Here are some recommendations to help you on your journey:To begin, get pre-approved for a loan from local lenders like Georgia's Own Credit Union, SunTrust (now Truist), and Wells Fargo.

Supply is low low low.