HELOC for a down payment on my first rental?

[Jamie K.]

Hello BP community! I finally have an accepted offer on my first rental property!! My question is: Should I use a heloc for the 20k down payment? I have approximately 100k of equity in my current home that I could tap into. I also have around 30k cash saved up to do so. Another possibility would be 401k loan? Any thoughts or suggestions are very much appreciated!! P.s. im 43 and work full time in Healthcare but eventually want to replace my job with rental property income.