First Property Cash or Mortgage

[Jack Thanadabouth]

I need some advice from experience investors. I'm a new investor that lives in So Cal.  I have 20K cash and the most I can get from a bank is conventional loan at 60K. I can't invest in California with the amount of money I have so I'm looking into the Wisconsin area where I'm originally from because it's more affordable. I don't know wholesalers and I've been looking at Remax, Zillow, ect.. I'm ready to purchase my first investment property because I need to start. Help me decide if I should buy a property cash 20K or mortgage a property at 60K. I know it depends on the numbers but I want to know what you would do in my situation.