First investment property down payment..
Hello everyone,
My husband and I are fairly new to the real state investment world, but we are very excited to start the journey. We are currently learning as much as much we can before taking the plunge into our first investment property. Loving BP! :)
One of our current decisions at hand is how to finance our first property. We have some cash saved which we would obviously rather keep in our pocket, we have our home which we just purchased last November, and we have a good chunk we can borrow from my 401k.
With that said, I guess my question is the following....
In your opinion and/or experience, what would be the smartest move to purchase our first property and use as down payment?
Cash? Home equity? or 401k?
Thanks.