First Property Question

[Jason Gordner]

Looking to buy my first property and wondering what has worked best for others or just looking for advice.

Have roughly 60k available through a HEL to purchase a rental property. I have found single family homes that I could buy outright with that amount but I have also found multi unit properties where this could be used as my 20% down. Obviously if this was used as 20% down payment my HEL now  has to be calculated into bottom line on the multi unit cash flow. 

Is it more wise to try to purchase a home outright with the HEL to avoid the extra payment via the mortgage, or does going after the bigger investment tend to have the bigger reward?

Any insight would be great. 

Thanks