Equity loan vs down payment.

[Alex Gerasimov]

Hi all, I am trying to figure out on what is the best way to invest my savings. On one side: i can invest this in the down payment for the rental property. On the other: make a big dent in my primary mortgage and take an equity loan. Is there a better way? is one way is better then another? Better tax ?

Thank you 

[Jesse T.]

Paying down your primary and then turning around and borrowing the equity is needlessly complicated.  Just use your funds for down payment on a rental.  If you want to accelerate paying down your mortgage, use some of your cash flow to do that.