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. 

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.

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!

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

Keep your options open, adjusting plans based on appraisal outcomes, and remain agile in your approach.

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

Thank you, the guidance is confusing in that it states you can still treat real estate as a trade or business if it does not meet the 4 bullet points for safe harbor.In my HR Block tax software there are two QBI options for rentals:  1) Treat rental under safe harbor rules or 2) This rental is eligible for QBI without safe harbor. 

If you had no other option to schedule, due for example to these people's availability - then I'd say yes.

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

A great option for a channel manager - I would highly recommend the software.