Is it better to get a conventional loan or home equity loan?

[Jack Smith]

Hi all,

I'm pretty new to real estate investing and so far loving the forum. I've looking into buying an out of state rental property this year and was wondering whether it's better to get a conventional loan or to pay full amount in cash and then take out a home equity loan on it.

What are your thoughts? Or is there a third even better option I haven't considered?

Thanks for any input!