First deal, best financing option?

[Craig Knobel]

I've got an opportunity to buy a sfh for $30,000. Property will cash flow $300 a month on a cash deal. My options are traditional lender @ 6%, take a 401k loan(5 year payoff @ 3.25%), or wait another 1-2 years to save the cash. I'm 28 and have been researching rei for 5 years. I want to get my first property in the worst way but need advice on my best course of action...

[Craig Knobel]

Thanks Dmitriy. I'll have to look into conventional a bit more to make sure it's an option on this property.