cash or alternative finance
Looking for some advice from BP members. I'm looking to buy a long term rental for my portfolio that my daughter and a roommate would live in for the next four or five years. After that it would be strictly an investment. I recently changed jobs and am limited with financing options. I do have the option of securing against a brokerage account at 7.5% amortized over 20 years, renewing every 5 years at a new rate. My other option is paying cash, which I am able to do using those same funds. What would be more advantageous?