Need advice on a rental property purchase (loan options)

[Sada Rafi]

Hi all,

I am in negotiation with a bank for a foreclosure home. Looking to buy and hold. I am considering 40% down and finance the rest. Based on this, I still will have a good cash flow after all expenses are paid. Would you buy the property all in cash if you had the funds? My goal is to add more rental houses to my portfolio and try to increase cash flow as well as long term profit. Appreciate your expert input. Thanks!