Second property: Should I get another mortgage, heloc, or OPM?

[Lakisha Fulmore]

Hello All! I am preparing myself to buy my second property (currently house hacking), but my local market is extremely expensive. Therefore, I’m looking at out of state/upstate properties. I’ve been spending time learning and studying how to analyze properties and feeling pretty good about it. My question is, should I consider getting another mortgage, a heloc on my primary, or pool in money from others? My goal is cash flow, as I am looking at the long term. I really would like to connect with someone and talk this through. Thank you for taking time to read.